ELECTRONICS

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SanDisk CEO upbeat on 2009

SanDisk Corp Chief Executive Eli Harari said 2009 could turn out to be significantly better than anticipated at the start of the year as big cutbacks in flash memory production bring balance back to an industry stung by oversupply.

Sony Ericsson to seek $135.5 million or more

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Japanese electronics maker Sony Corp said on Tuesday its loss-making mobile phone joint venture with Sweden's Ericsson will likely seek at least 100 million euros ($135.5 million) in funds by March.
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Mobile chip firms see better second quarter

The wireless chip firms ARM and ST-Ericsson said they expect market to improve in the second quarter, helped by clients restocking, but said the rest of 2009 looked uncertain.
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Samsung bets on LCD TVs despite downturn

Samsung Electronics, the world's top TV brand, aims to outperform the overall flat-panel television market's growth this year, thanks in part to its newly launched LED models, a senior official said.
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Asian consumers go back to basics in downturn

Forget about bells and whistles. Asians have gone back to basics in the economic slowdown and are opting for no-frills, lower-priced products rather than brand names and items with fancy features that rarely get used.
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Wal-Mart targets electronics customers: report

Wal-Mart Stores Inc is revamping the electronics departments in its stores to attract customers who previously shopped at the now defunct Circuit City Stores Inc, according to The Wall Street Journal.
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Panasonic posts record loss, sees tough year

Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and hefty restructuring costs.
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Panasonic posts record Q4 loss, sees tough year

Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and restructuring costs.
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Sony eyes frail recovery

Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
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Sony sees second straight loss, eyes frail recovery

Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
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Sony reports loss, sees another year of red ink

Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it projected another year of red ink during which it will close eight factories worldwide.
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U.S. likely to feel pressure to move on Intel

Now that European, South Korean and Japanese authorities have moved against chip giant Intel Corp for breaking antitrust laws, the question is: Are U.S. officials feeling pressure to take action, too?

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