Sony hoping to gain from sales of digital cameras and television sets
Japanese consumer electronics giant Sony has said that they are hoping to gain this year from sales of their digital camera products and television sets.
The company said in a statement that they are seeing their electronics sales growth out pacing the industry in the [...]
Whirlpool to expand presence in India
Whirlpool Corporation’s Indian subsidiary Whirlpool of India has revealed that they are planning to invest around USD 20 million over the next 15-18 months to expand their presence in India and launch new products in the market.
Shantanu Das Gupta, Vice president-Marketing added in his statement that the company is aiming [...]
Dell launches a digital home entertainment suite
Dell wants to enter your living room with their new range of entertainment devices. The company has launched a digital home entertainment suite.
This system is capable of sending high definition digital content to the wide-screen Dell TV monitors.
The company also launched their new gaming computer featuring a liquid-and-ceramic cooling [...]
Whirlpool selling Hoover business to Techtronic Industries
Whirlpool Corp. has said in a statement that they are selling off their Hoover vacuum cleaner business to Techtronic Industries.
The deal is worth around $107 million and Whirlpool would now concentrate on their own core appliances business.
Techtronic said that they believe Hoover would become an integral part of [...]
Whirlpool rumored to be considering selling Hoover unit
Market sources claim that Whirlpool Corp. is considering selling off their Hoover division. They had acquired this iconic brand as part of its $1.7 billion purchase of Maytag this year.
Sources claimed that the company is nearing signing a deal to sell Hoover to a private equity firm. However, [...]
Salora brings TEAC brand to India
Consumer electronics manufacturer Salora International has signed on a brand-license agreement with Japan’s home entertainment system major TEAC.
This would enable the company to manufacture, market and distribute its products across India. TEAC would be providing Salora with the technical knowledge of its products as well as assistance in manufacturing [...]
Abhishek Bachchan is LG Brand Ambassador
Abhishek Bachchan had just signed on to become the brand ambassador of the Ford Motor’s latest model in the Indian market, Ford Fiesta. The latest news in is that he has also signed on to become the new brand ambassador of LG Electronics for its Intello range of products.
LG Electronics, [...]
LG Electronics India to assemble LCD TVs in India
South Korean consumer electronics giants LG have said that they are planning to establish an assembly plant for LCD TVs here in India. In addition, they are also considering assembly of high-end plasma display panels in India.
The company has plans to assemble liquid crystal display (LCD) televisions [...]
Sony to outsource LCDs from overseas to meet demand
Consumer electronics giant Sony has said that they are considering buying larger panels for its flat-screen televisions from overseas LCD suppliers. This is to meet the high demand from the market for these electronics equipments.
They are not the first one to do so. Competitors like Sharp and [...]
Philips Electronics to fix faulty flat panel plasma TV sets in US
Holland based Philips Electronics has confirmed that they would be making house calls to repair almost 12,000 flat panel plasma TV sets sold in the United States as a fault in them leads to overheating.
The company has said that they have received several confirmed [...]
