8 posts and columns on televisions

Sony Swings to Loss, Slashes Full-Year Forecast

in News on February 2 at 6:10 am PT

Sony Corp. said Thursday it veered into a fiscal third-quarter net loss of more than $2 billion and forecast a much wider full-year loss than previously expected, dragged down by losses in its television business and the impact of the strong yen on its European operations.

Samsung Estimates Record Earnings

in News on January 6 at 3:00 am PT

Samsung Electronics Co. said Friday it estimates record earnings for the fourth-quarter as robust sales of smartphones helped it ride out slower economic growth in its major global markets.

Sony Slides to Loss on Quake, Cuts Guidance

in News on July 28, 2011 at 3:11 am PT

Sony Corp. said Thursday it slipped to a net loss in its fiscal first quarter, squeezed by the impact of the March 11 disasters, and lowered its earnings forecast for the fiscal year, citing weak sales of televisions as well as the yen’s strength versus the euro.

Sharp, LG Warn of TV Glut

in News on October 28, 2010 at 11:33 am PT

Sharp Corp. and LG Electronics Inc. warned that a glut of inventory for flat-panel display televisions will continue to pressure prices during the critical year-end holiday shopping period. The inventory build-up of liquid crystal display televisions is the result of a surge in production by global TV makers this year following a period of reduced output in the aftermath of the financial crisis, when consumer spending plunged.

News Byte

Adobe Freshens AIR for Multiscreen App Development

in News on October 25, 2010 at 8:33 am PT

At its MAX 2010 conference this morning, Adobe is introducing a handful of new tools and services with the aim of becoming the app development platform of choice across all digital devices. Adobe’s updated AIR 2.5, part of its Flash Platform, will let developers leverage existing code to build standalone applications for smartphones, tablets, desktop machines and televisions. Adobe is also unveiling InMarket, an app distribution service, and new tool suites for digital publishers and enterprises.

Falling Prices Starting to Hit Electronics Retailers

in News on December 16, 2009 at 12:30 am PT

Shoppers are stocking up on consumer electronics, but rapidly falling prices for televisions, computers and other gadgets are adding to the woes of recession-scarred retailers. Industry bellwether Best Buy Co. said Tuesday that revenues grew and earnings quadrupled for its third quarter ending in November, citing higher sales of inexpensive netbook computers and smaller flat-panel televisions.

“Vidification” and Samsung’s Rosy TV Outlook

in News on March 19, 2009 at 7:21 am PT

With the economy affecting all manner of consumer spending, it’s a little surprising to hear upbeat commentary from the flat-panel sector. But according to Scott Birnbaum, vice president of Samsung’s LCD unit, its sales are benefiting from “vidification,” a term he uses to describe consumers trying to create a big-screen experience at home.

CES Economist: Gadgets Are Necessities Now

in News on January 7, 2009 at 2:27 pm PT

Yes, this may be the worst recession America has seen since World War II. But the people who are bringing us the Consumer Electronics Show would like to point out that sales of tech products are actually faring pretty well when compared to what happened during previous recessions.