AAPL Stock: 118.72 ( + 0.91 )

Printed from

Samsung Techwin to create separate camera division

updated 04:55 pm EST, Fri November 7, 2008

Samsung Techwin spin-off

Korean manufacturer Samsung Techwin is planning on separating its camera business into a separate division but keep it under the same ownership, says a Friday report. The new company, due to be called Samsung Digital Imaging, will have a separate listing starting on February 1st of next year. The move is believed to differentiate the existing company from the Samsung Group's machinery and heavy industry division and allow the newly formed company's management to focus on the quickly growing consumer camera market.

Thus far, Samsung Techwin has been involved in producing mobile artillery, gas turbine engines, as well as other aircraft parts in addition to digital cameras. Most recently, the division released the NV-series of digital cameras along with an MX line of camcorders.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented