Samsung to merge Samsung Display, SMD and S-LCD

Samsung has confirmed to merge its various display units that includes the recent spun-off Samsung Display, Samsung Mobile Display and S-LCD into one. The merger was approved by the Board of Directors and is expected to complete by July 1.

Samsung Electronics will have a majority stake, about 84 percent whereas Samsung SDI will hold about 14 percent in the merged company.

Source: http://online.wsj.com
From: http://sammyhub.com

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