Technology content trusted in North America and globally since 1999
8,585 Reviews & Articles | 67,047 News Posts

Samsung Display is gaining momentum, features 39,000 staff and 7 facilities across the globe

Samsung Display now has over 39,000 staff, 7 facilities worldwide

By Anthony Garreffa on Jul 2, 2012 05:19 am CDT - 0 mins, 59 secs reading time

Samsung's spun-out LED business Samsung Displays has completed its merger between the three-month old entity, and its Samsung Mobile Display and S-LCD corporations. The deal has created the world's largest display manufacturer, which happened back in April, but the latest news moves push the business to have 39,000 employees with seven production facilities across the world.

samsung_display_is_gaining_momentum_features_39_000_staff_and_7_facilities_across_the_globe_09

Oh-hyun Kwon, vice chairman and CEO of Samsung Electronics, spoke at an investor meeting about the revised company, where he talked of the combined efforts will help the company develop its business:

Samsung Display is destined to attain virtually unlimited growth, through continuous efforts to combine our proven know-how in the display field with an overwhelming creative spirit. Our combined strengths will guide Samsung's display business through the next decade and longer, in turning the many synergistic benefits of the company into far-reaching, tangible results.

Samsung says that the new deal will see the company's LCD and OLED teams work more closely together, with their OLED technology will be combined with "large panel operations". The triple merger has tacked on an additional 19,000 employees and has made Samsung Display the second largest affiliate of Samsung Electronic Group, with assets worth $29 billion.

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games to be built around consoles. With FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with high-end, custom-built PCs. His addiction to GPU technology is unwavering, and with next-gen NVIDIA GPUs about to launch alongside 4K 144Hz HDR G-Sync gaming monitors and BFGDs (65-inch 4K 120Hz HDR G-Sync TVs) there has never been a time to be more excited about technology.

NEWS SOURCE:thenextweb.com

Related Tags