Samsung Electronics and Samsung SDI will set up a joint venture OLED

South Korea's Samsung Electronics (SEC) and South Korea's Samsung SDI (SDI) semi investment, was established in the active matrix OLED panel business and small and medium sized LCD panel business new company. This is the resolution of the board of directors of the company on July 27, 2008 SEC announced in July 25th. In the future, if the resolution was approved at the general meeting of shareholders of SDI, will be the final decision. SEC plans to invest 938 billion 500 million won to the joint venture. The name of the joint venture.

Source: Nikkei BP