Nikkei: Sony to invest massively in Sharp LCD Unit
Japanese business daily Nikkei has reported that consumer electronics giant Sony is planning to invest around a billion dollars in the LCD unit of Sharp.
Sony had announced last year that they were planning to acquire a 34 percent stake in the joint venture with Sharp.
The [...]
Samsung LED TVs now in India
South Korean consumer electronics giant Samsung has launched their LED TV range in India.
LED TVs are more efficient compared to LCD TVs.
These television models are however pretty expensive as they are priced between Rs 1.25 lakh and Rs 35 lakh.
Samsung has also launched some new models [...]
LG Display posts a major loss
LG Display has come out with their latest revenue report.
The company has posted a record quarterly loss.
This was mostly due to the heavy fines placed on the company over price-fixing charges.
The company also suffered due to falling panel prices as the demand is low in the market.
LG Display posted [...]
Samsung Electronics reorganizes into two major divisions
Samsung Electronics has announced a major reorganization of the company structure.
Samsung would now function as two major divisions.
The company is merging its chip and LCD units. The other division would handle telecom and media units.
Samsung chief executive officer Lee Yoon-woo would look after the semiconductor and LCD [...]
Godrej Appliances launches EON range of XLCDs
Godrej is one of the most trusted consumer brands in the Indian market.
The company has now entered into the color television market with the launch of their EON range of XLCDs.
Kamal Nandi, vice-president (sales and marketing), Godrej Appliances said that the Indian market is now ready for higher end [...]
Samsung Electronics post impressive results
Samsung Electronics has posted impressive results. The company gained from improved sales of their LCD Panels and Mobile Devices.
The company’s net profit improved 37 percent compared to the same period last year. The sales were up 19 percent.
Market analysts said that this performance is especially good considering the weak prices for [...]
LG Electronics gains on mobile phone sales
LG Electronics has said that they have posted a net profit in the first quarter mostly due to impressive sales of their mobile phones.
The company had posted a loss in the same period previous year.
LG also gained from its investments in the LG Display market.
The company earned 422 billion [...]
Samsung to expand into Printer, Laptop Markets
South Korean tech giant Samsung Electronics has said that they are now aiming to become a larger player in the Printer and Laptop market.
The company is already a dominating force in the computer monitor industry.
Jongwoo Park, president of Samsung’s digital media business said in a statement: “Our mission is [...]
Sony and Sharp working together to procure LCDs
Sony and Sharp might be competitors but market situation has brought them together.
The two companies would now work in collaboration to procure liquid crystal displays.
Market sources say that Sony would now invest 100 billion yen in a plant being set up by Sharp to make panels for flat [...]
Fujitsu exiting from plasma television industry
Japanese company Fujitsu group has announced that they are now exiting from the plasma televisions segment of the market.
They introduced this technology to the world but it has failed to compete with other existing technologies in the market.
The company said that they are forced to exit from this market as [...]
