Samsung Electronics has taken a step closer to spinning off its liquid crystal display (LCD) unit after the board approved plans to split. The company said the unit that will be carved out, Samsung Electronics Display Co Ltd, would launch as a new company on April 1. The move, which still requires shareholder approval, comes amid slowing demand and falling profits for LCD products. Samsung said it planned to focus on new technology to maintain its competitive edge in the industry. "The spin-off will allow us to make faster commercial 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 quality products and services," he added. [Small city stock market engaged in enterprise website construction, website optimization, website promotion, enterprise e-commerce overall marketing planning and implementation, have SEO well-known teams in the industry, with rich practical experience and higher technical strength, for your website SEO optimization services, to "marketing and conversion rate"为目标, let customers see the intuitive effect. Business QQ: 466401604, 8838478 Contact information: 13422475786] Related theme articles: Submit software and website promotion, online marketing Fremont's LED start-up says price point is right Kobe tears Lakers management Rondo says he's good side Comments on this page are combined across all categories of search engine optimization software.