Joint venture formed in 2003 by the Japanese Sony Corporation and South Korean Samsung Electronics Co. Ltd. According to the agreement, the partners had almost different rights. Almost because Samsung owned 50% percent of the shares, plus one share on top. At Sony, respectively, the shares were one less.
S-LCD was created for the production of LCD panels for various types of devices - from mobile phones to TVs. The solution of all organizational issues was completed by 2004, production started in 2005. The company's headquarters was in Tangjeong (South Korea).
All production facilities S-LCD originally located in Japan and South Korea. Subsequently, when it was necessary to increase production volumes, another plant was built in Mexico.
The first problems started in 2009 when Sony suddenly realized that Samsung, although listed as a partner, is also the biggest competitor in the LCD panel market. This became especially acute after televisions Bravia gradually began to lose their market share. In order to remedy this situation, Sony entered into a contract with Sharp Corporation, which led to a conflict with a previous partner. However, fate S-LCD it had almost no effect.
In December 2011 Sony suggested Samsung buy out its share in the joint venture. The reason for this was that the business of the Japanese corporation did not go very well, and it was the production of TVs that turned out to be the most problematic. Sony urgently engaged in the reorganization of production. Purchase cost Samsung one billion US dollars, after which the company became the sole owner S-LCD.
