The World's Largest Display Manufacturer, Samsung Display is Launched

SEOUL, South Korea--Samsung Display Co., Ltd, a global leader in display panel technologies and products, announced today that it has been officially launched as a new corporation, spun off from Samsung Electronics. Samsung Display held its inauguration ceremony yesterday and will begin business operations in earnest after carrying out incorporation registration on April 3.


Donggun Park, executive vice president and head of the former Samsung Electronics' LCD Business was elected CEO of Samsung Display. The company, which recorded 22.7 trillion KRW (approximately 20 billion U.S. dollars) in annual revenue in 2011 as Samsung Electronics' LCD Business, became the world's largest display manufacturer overnight, based on its 20,000 employees and five production facilities worldwide.

Park said at the inauguration ceremony, "We will make Samsung Display a well-respected company through continuous efforts to supply a wide variety of customized products that provide great value to our customers." He added, "By continually staying one step ahead of our competitors, we can make our company the very best in the display market."

More than 350 employees attended the inauguration ceremony. At the inauguration, many reflected on the success of Samsung Electronics' LCD Business over the past 21 years and expressed a widespread determination to once again become 'The No. 1 Global Display Manufacturer'.

Samsung Display began as an R&D arm of Samsung Electronics in 1991 and has developed and released some of the world's most creative and innovative displays for two decades. Now, as a separate corporation, it will respond to rapidly changing market conditions more efficiently, while providing timely, well-differentiated products and services this year and well into the future.

About Samsung Display Co., Ltd.

Samsung Display Co., Ltd. is a global leader in display panel technologies and products. Employing approximately 20,000 people at its five production facilities and five sales offices worldwide, Samsung Display specializes in high-quality displays for consumer, mobile, IT and industrial usage. For more information, please visit www.samsungdisplay.com.

Featured Product

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

C1M1 offers a truly significant reduction in transmission time in comparison to other communicators that rely on dial capture or data bus decoding. This can result in quicker response time to emergency situations which could save lives and assets. By providing both IP and cellular pathways, C1M1 provides the reliability installers are looking for in an alarm communicator. C1M1 eliminates port forwarding and extra fees for remote access. Installers can remotely upload/download programming changes to M1 controls over IP or cellular using ElkRP2. Consumers can control the M1 remotely via the free ElkLink mobile app and web portal, as well as eKeypad and M1 Touch Pro apps. Other IP-based software and interface partners can connect to the M1 control over the local network through C1M1. C1M1 also provides email/text notifications for arm, disarm, and alarm events. ELK-C1M14GSM supports GSM (AT&T/T-Mobile) networks and ELK-C1M1CDMA supports CDMA (Verizon) networks.