Samsung Electronics has taken another step closer to spinning off its liquid crystal display (LCD) unit after the board approved plans to do so. The firm said it will spin off the unit, along with its polarizing film operations, into a new company called Samsung Electronics Display Co Ltd that will launch on April 1, www.melamine-ware.com. The move, which still needs shareholder approval, comes as demand for LCD products slows and profit margins decrease. Samsung said it plans to focus on new technologies in order to maintain its competitive edge in the industry. "The spin-off will allow us to make faster business decisions and respond more quickly to customer needs," said Donggun Park, executive vice president and head of Samsung's LCD business. "By enhancing corporate competitiveness, we will continue to provide the market with high-quality products and services," he added. [Small City Stock Market is engaged in enterprise website construction, water-free cleaning agent, website optimization, aluminum coating film, website promotion, overall marketing planning and implementation of enterprise electronic commerce, owning SEO well-known team in the industry, having rich practical experience and higher technical strength, providing you with website SEO optimization service, taking "marketability and conversion rate" as the goal, making customers see intuitive effects. Business QQ consultation: 466401604, 8838478 Contact information: 13422475786] Related theme articles: How Apple cuts costs when building gadgets Comments on this page are combined across all categories of search engine optimization software Pressure from inside China and abroad pushes change at Foxconn Samsung cuts cost of wireless chips by half Online publicity service industry, website promotion service, website SEO promotion service projects in Shantou