OLED display manufacturer Orion Electric has divided its CRT and OLED departments into two. The new company, Orion OLED, will have former CEO of Daewoo Electronics Service You Jae-hwal as its new chief executive, while Orion Electric will take in Kim Ju-man, formerly from Samsung Precision, to be its CEO.

Orion OLED has a total investment of Krw1 billion ($0.9 million) and will be the leading manufacturer of all of Orion's affiliated companies, acquiring 90 percent stake of Orion Electric.

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