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.
Posted: May 23,2005 by Ron Mertens
