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Samsung Techwin to create separate camera division

11/07, 4:55pm

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.

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