Samsung SDI in flatpanel TV crisis

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25-04-2007, 8:10 AM

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Samsung SDI in flatpanel TV crisis

Korean flatpanel giant Samsung is in crisis. Its panel making subsidiary SDI has posted the biggest loss in its 37 year history, with Q1 financials revealing an operating loss of 110 billion Won, compared to an operating profit of 42 billion Won in 2006. The collapse is largely due to a worse than expected performance [...]
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