Samsung to Buy 10.16% Stake in TCL CSOT for About 1.27 Trillion Won
Key Facts
Samsung Electronics said it would buy Samsung Display’s entire 10.16% stake in TCL CSOT for about 1.27 trillion won. The company said the purpose of the deal was to “strengthen strategic cooperation,” according to the Korea Herald, citing its announcement in October 2026. Under the deal, ownership will move from the group’s display subsidiary to Samsung Electronics itself. The stake will thus be directly linked to the company that houses its TV, home appliance and phone businesses, while completion of the acquisition remains a condition for the transfer. The company’s stated aim is limited to strengthening strategic cooperation.
The 10.16% stake is all that Samsung Display owns in TCL CSOT, and its purchase price is about 1.27 trillion won. Under this arrangement, Samsung Electronics is the buyer and Samsung Display the seller, moving the investment within the group to the parent company responsible for consumer electronics. According to the Korea Herald, Samsung Display acquired the shares as part of the 2020 sale of its LCD panel factory in Suzhou to CSOT. The report says the sale of the stake to Samsung Electronics represents a 50% return on the original investment. The deal therefore combines the transfer of an existing stake with a return on the investment that began with the factory transaction.
Samsung continues to use LCD screens in its TV, home appliance and phone businesses, according to the Korea Herald. Some QLED TVs and Galaxy A phones are examples of products that use these panels, the report said. Samsung Display, by contrast, has stopped LCD production and focuses on advanced OLED screens, the newspaper reported. This places the stake in TCL CSOT within the sister company that uses LCD panels in its finished products, after it had been owned by the display unit, which focuses on another technology. The report described this operational link, while strengthening strategic cooperation remained Samsung’s stated aim for the deal.
Against this backdrop, TCL CSOT ranked second globally in TV panel shipments in 2024, according to the company’s official annual report. That ranking concerns TV panel shipments in that year; it is not a general measure of its standing across all types of screens or of its current production level. In the market, Samsung Electronics shares, listed under the ticker SMSN.L, closed at 4122 in the November 3, 2026 session, according to EL7 data. The data provided do not specify the currency for the closing value, so it is reported as recorded without assigning a currency. EL7 data did not include the stock’s trading range in that session.