Samsung the world first supplier of LCD panels for pricey flat-screen TVs plans to convert three or four of its existing LCD lines in its complex in Tangjeong, South Chungcheong Province, into more profitable active-matrix organic light emitting diode AM OLED panels, according to Samsung officials.
Samsung earlier said it was lowering its targets for sales in its core businesses, capital spending and profit, which they say reflect the slumping global economy.
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