“Samsung is said to be pondering a potential spin-off of its money-losing LCD business, which has in the past supplied display panels to Apple for devices like the iPhone and iPad,” Katie Marsal reports for AppleInsider.
“The potential move comes as Samsung’s display panel business lost $669 million last year, according to the Financial Times,” Marsal reports. “By spinning off its LCD business, the new operation could focus more on building OLED panels, and could also find it easier to sell displays to companies that are competitors of Samsung.”
Marsal reports, “Wednesday’s report noted that Apple and other rivals have been reluctant to buy LCDs from Samsung, as Samsung also competes with those companies by building its own smartphones and tablets. It noted that Apple has largely relied on Samsung competitor LG for iPhone and iPad displays.”
Read more in the full article here.
MacDailyNews Take: The more pain brought to bear on slavish copier Samsung, the better.