Seoul: Samsung Electronics Co said on Tuesday it is considering various options to improve competitiveness of its loss-making LCD flat-screen business but declined to comment on a media report that it may spin off the operation. The potential restructuring comes after it ended its liquid crystal display (LCD) venture with Sony Corp recently and as demand growth for flat-screens weakened sharply due to rising competition from China and slack television...
03:03 PM, Feb 14, 2012
Seoul: Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay more than $553 million to settle consumer and state regulatory claims that they conspired to fix prices for LCD panels in televisions, notebook computers and monitors. The settlement is the latest arising from lawsuits alleging the creation of an international cartel designed to illegally inflate prices and stifle competition in LCD panels between...12:45 PM, Dec 28, 2011
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