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Billionaire investor says Sony should sell off entertainment business
- Daniel S. Loeb, a major Wall Street hedge fund manager for Third Point, thinks Sony should sell off part of its Entertainment arm. When people think of Sony, televisions and video games are generally the first thing that comes to…
Samsung officially launches display unit spin off
- As planned, Samsung Electronics on Monday announced that it has officially spun off its display business into a separate entity named Samsung Display Co. The South Korean electronics giant said in February that it would separate its LCD business from…
Samsung considers LCD unit spinoff to focus on OLED
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Samsung Electronics is apparently considering spinning off its LCD division as the South Korean company looks to streamline its business, jettison their loss making ventures and focus on more lucrative next-generation...
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