News Byte

Samsung Spins Off LCD Business

Samsung, currently the biggest LCD panel maker in terms of sales, will spin off its unprofitable LCD operations on April 1 into a new firm, called Samsung Display Co. As The Wall Street Journal notes, analysts had widely expected the spinoff, as the LCD industry shrinks and the Korean electronics giant focuses more on higher-margin OLED screens for TV sets and tablets.

China’s Lenovo Proves There’s Life in the PC Market Yet

China-based PC maker Lenovo today reported profits that grew 88 percent and officially became the No. 2 PC maker in the world, behind Hewlett-Packard.
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Samsung Combines Component Operations

Samsung Electronics Co. said Friday it will fold its flat-panel display business back into its semiconductor business, uniting its component manufacturing operations just when the display business appears likely to be unprofitable for some time to come.

Sony's Music Service Comes to the U.S., Still Won't Work on the Go

Sony’s “Music Unlimited” costs the same $10 a month as its competitors, and gives you unlimited music on demand, just like its competitors. Unlike its competitors, it won’t let you take your music with you. What’s wrong with this picture?

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Netflix Button Coming to Remote Controls

As televisions go the way of smartphones and get loaded up with apps, Netflix Inc. is staking its claim on an important place–the remote control. The movie-rental company has struck deals with makers of TVs and DVD players to put a one-click “Netflix” button on remotes starting this spring, Netflix said Tuesday.

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Forget the iPad: Japanese Buy TVs

Earlier this year, Japanese consumers camped outside stores to buy the latest in high technology: Apple Inc.’s iPad and new iPhone 4. Now they are rushing to buy something a little more traditional: television sets.

Netflix Web-Only Service Coming, Probably Not Cheap

A disc-free Netflix will appeal to some of you. But it probably won’t save you much more than a buck or two a month. Meanwhile, note that the company has been testing out higher prices for its traditional offerings….

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Samsung's Results Jump, But Executives Are Cautious

Samsung Electronics Co. on Friday reported a record profit for the second quarter as expected, but company executives said that may have been the peak for the year as pricing pressures are likely to overwhelm the sales growth that normally occurs in the second half.

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For Panasonic, It's Not Easy Being Green

In its drive to reshape itself around the so-called green technology theme, Panasonic is caught in a tough balancing act. The Japanese electronics giant is trying to shift more resources into environment-related businesses such as rechargeable batteries and solar panels. Yet nearly half of its revenue still comes from the audiovisual segment, consisting mainly of televisions.

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Vizio Sees Growth in Flat-Panel Shipments

Vizio Inc., a supplier of low-cost flat-panel display TVs in the U.S., expects shipments of its LCD televisions to rise more than 70 percent to more than six million units this year and to remain profitable even as set prices fall at least 30 percent, the company’s chief executive said.