Lauren Goode

Recent Posts by Lauren Goode

Samsung Spins Off LCD Business

Samsung, currently the biggest LCD panel maker in terms of sales, will spin off its unprofitable LCD operations on April 1 into a new firm, called Samsung Display Co. As The Wall Street Journal notes, analysts had widely expected the spinoff, as the LCD industry shrinks and the Korean electronics giant focuses more on higher-margin OLED screens for TV sets and tablets.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work