Samsung to buy TCL CSOT stake from its own display unit for US$960 million

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 02 Nov, 05:47 UTC

Samsung Electronics plans to acquire Samsung Display's entire 10.16% stake in China's TCL CSOT for KRW1.2718 trillion (approx. US$960 million), moving the investment from its OLED-focused subsidiary to the parent company, whose TV business continues to rely on Chinese LCD panel suppliers.