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Samsung SDI expected to post first profit in two years

Darren Murph

Samsung SDI has definitely been on the offensive of late, producing the world's first WVGA OLED panels for handhelds, a 3D AMOLED display and plans to crank out medium to large OLED TVs in just a year or so. Its efforts are paying off, as the firm is expected to post its first profit since dipping into (and remaining in) the red back in Q1 2005. According to Kim Dong-won, an analyst at Hyundai Securities, the outfit is forecasting a ???3.1 billion ($3.05 million) profit for Q2 2008 -- quite a bit better than the ???31 billion ($30.5 million) in losses analysts were expecting. Here's a hint for staying in the black: get a few big screen OLED HDTVs out before everyone else. Simple, right?

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