Tuesday, November 27, 2007

[Korea.net News, Economy / Industry, November 26 2007] Samsung's two screen units to be merged for better market competitiveness

Samsung Corning Precision Glass,a unit of Samsung Group that produces glass substrates for liquid crystal display panels, said Monday (Nov. 26) it has decided to merge with Samsung Corning in a bid to enhance its competitiveness in TV-screen markets.

Samsung Corning Precision Glass was spun off in 2000 from Samsung Corning, a maker of cathode-ray tube (CRT) glass that was a joint venture formed by Samsung and Corning of the U.S. in the 1970s.

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