Liquid Crystal Displays was once a hit around the globe. People were literally flocking to lay their hands on the sleek, clear LCDs. But things have now changed over time. With better display technologies now available, LCDs are no longer the much-desirable technology and it sounds only natural when Samsung tells us that it’s LCD division went down with operational losses of $668 million last year. Now, Samsung is planning to spin off the unprofitable LCD division and convert it into a separate company which will be called Samsung Display Co.