Within couple of hours, two announcements have been shaking the flat screen manufacturing business:
- Samsung announced to have spun off its Flat screen division into a new independent entity known as, Samsung Display. It now owns R&D and manufacturing resources for LCD and OLED displays.
- Sony, Toshiba and Hitachi announced the official birth of Japan Display, a new company merging their activities on the flat display market with activities officially starting on April 1st. The first step of this merger was announced in November 2011.
In summary, within couple of hours, the entire flat screen business has been modified, and it could be the consequence of the high R&S cost expected for developing next generation flat screen (OLED and others). So, you better team up to avoid duplicating efforts. On the side, left alone for the moment are two former giants: Sharp and LG. They might decide to merge their respective activities in flat screen or potentially face a very aggressive competition on the flat screen business, especially for the juicy tablet display market.