Kiwoom Securities: Sony and Samsung to wind-up their joint LCD company, to focus on OLEDs

S-LCD (a joint-venture between Sony and Samsung) announced that it will reduce capital by $555 million. Kim Sun-in, an analyst at Kiwoom Securities says that this reflect a shrinking demand from Sony and the sector's overall shift in focus to OLED displays. In fact, Kim says that Samsung and Sony will eventually wind up the business to focus on OLEDs instead.

Sony 24.5-inch OLED prototype