As we forecast in our CES report (No More Plasma for Samsung, But LED is New Category), Samsung has acquired a US-based LED sign and display manufacturer.
Samsung has bought Yesco Electronics for an undisclosed sum, reinforcing the Korean company’s entry into the LED display market. Yesco has more than 2,000 installations across the US and abroad. Samsung said it will work with Yesco to deliver durable, long-lasting displays for varied and extreme conditions. Yesco’s displays are used in many of the markets Samsung serves, including retail, education, hospitality, corporate, and transportation environments.
Analyst Comment
Samsung told us at CES that the company planned to make an acquisition in order to support outdoor LED displays, with its own production being concentrated on indoor products (BR)
