Samsung Electronics has acquired YESCO Electronics, a leading LED sign and display manufacturer, with more than 2,000 installations across the UK and abroad. The acquisition extends the reach of Samsung’s pioneering technologies and expertise beyond large-format displays (LFDs) using LCD panels, where the company has been the worldwide market leader over the last decade.
YESCO additions boost Samsung LRD range.
“Our partnership with YESCO has come at an exciting time for Samsung UK,’’ said Phil Gaut, Director of Display, Samsung UK & Ireland. “We’ve noticed an increasing demand for high quality large-scale LED displays and this move will strengthen our existing display portfolio. It means that we’ll be able to expand into new markets, including large scale advertising and display solutions in the retail, transport, entertainment and sport industries to name a few.”
In light of the higher demand for LED displays that offer enhanced picture quality, energy efficiency and operational functionality, Samsung will work with YESCO Electronics to deliver durable, long-lasting displays geared for varied and extreme conditions. YESCO Electronics’ proven successes include large, brilliant sign and display execution in many of the markets Samsung serves, including retail, education, hospitality, corporate, and transportation environments.
“The solid relationship between Samsung and YESCO will strengthen YESCO’s position in the marketplace,” said John Williams, CEO of YESCO Electronics. “This acquisition expands the presence of our services and systems across Samsung’s vast global network, allowing a wider range of businesses to offer their customers a more impressive, eye-catching visual experience. YESCO Electronics will offer a broader range of world-class products to our customers as part of the Samsung team.”
YESCO Electronics was a subsidiary of the Young Electric Sign Company (YESCO), a privately-owned custom sign manufacturer.