It's been less than a month since Samsung confirmed that it would be spinning-off its LCD business into a separate company, and it looks like things are proceeding along speedily. The company's shareholders have now approved the spin-off, paving the way for the tentatively-titled Samsung Display Co. to come into existence on April 1st. Samsung Electronics will have a 100 percent stake in that company, and the current executive vice president of its LCD business, Park Dong-gun, will take on the position of president in the new firm.
2DayBlog.com, Samsung shareholders approve spin-off of LCD business
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