Samsung may be considering spinning off its LCD monitor business according to a report from the Korean publication Chosun IIbo.
Citing an unnamed source, the Chosun IIbo reported Tuesday that Samsung was considering spinning off the business which posted a nearly $900 million dollar loss in 2011.
“We are internally reviewing various options but nothing has been decided yet,” a Samsung spokesperson told Reuters.
According to reports from various analysts, Samsung may consider incorporating Samsung Mobile Display – its LCD manufacturing arm – with its unlisted and profitable OLED producing unit.
Tags: Samsung
