Samsung Display Panel Business, Second Quarter 2011 Results

Samsung:

The Display Panel Business recorded an operating loss of 210 billion won on revenue of 7.09 trillion won, down 9-percent in sales compared with the same period last year.

LCD panel shipments increased mid-10% range Q/Q, but inventory levels remained high. LED-backlit LCDs for notebooks and monitors increased, but 40-inch and larger TV panels dropped. Samsung plans to focus on LCD panels for 3D and Smart TVs for the third quarter. That’s interesting, I prefer dumb 2D TVs.

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