South Korea's Samsung Electronics and Samsung SDI will set up a joint venture OLED

It is reported that South Korea's Samsung Electronics (SEC) said in July 27, 2008 published by the board of directors of the company's decision of July 25th, South Korea's Samsung Electronics (SEC) and Samsung (SDI) on investment, the establishment of the new company is engaged in an active matrix type OLED panel business and medium-sized LCD panel business. If the resolution is approved at the SDI general meeting, it will be the final decision. SEC plans to invest 938 billion 500 million won to the joint venture. The name of the joint venture is still undecided.

Source: LEDinside