South Korean flat-screen maker LG.Philips LCD is in talks with several major TV makers about taking a stake in the firm and does not rule out Japanese companies, a company executive said on Wednesday.
South Korean plasma screen screen maker Samsung SDI said on Tuesday it had swung to a net loss in the third quarter, but forecast better results for the current quarter on surging demand for flat panels.
Appliance and handset maker LG Electronics Inc posted a better-than-expected 15-fold rise in quarterly profit on Tuesday, boosted by rising demand for displays and mobile phones.
Panasonic maker Matsushita Electric Industrial Co. has sold 17 large warehouses in Japan to the local unit of real estate developer ProLogis for about 85 billion yen ($735 million).
Japanese electronics maker Sharp will buy about $357 million worth of new shares from Pioneer Corp and work with its loss-making rival in developing DVD players, car electronics and displays.
LG Electronics' shares surged 4 percent on Thursday, boosted in part by a U.S. court decision to stay an import ban on mobile phones containing Qualcomm chips, but analysts warned the impact would be limited.
Plasma television technology has a bright future despite an onslaught on its home turf from rival LCD (liquid crystal display) TVs, makers of plasma screens told Reuters at the IFA consumer electronics fair in Berlin.
LG Electronics announced its first premium camera mobile phone on Thursday and an executive told Reuters the company aimed for 10-15 percent of this market segment within about a year.
Plasma display makers will likely see their revenue decline beginning in 2009 as they face increased pressure from rival liquid crystal display manufacturers (LCD).
Shares in handset and appliance maker LG Electronics surged as much as 7.6 percent on Friday, after the South Korean firm reported strong profits while bigger rival Motorola posted another quarterly loss.
Matsushita Electric Ind. (NYSE: MC), owner of the Panasonic brand, maintained its leadership position in Plasma Display Panel production for the fourth quarter of 2006, while other manufacturers lost share according to new research.
The advent of consumer devices capable of playing both emerging high-definition disc formats may spell an end to the ongoing war between Blu-Ray and HD-DVD discs, one research company contends.
Flat-screen maker LG.Philips LCD. Co. Ltd. is expected to report a loss for the second quarter in a row, as it struggles with weak prices and high costs for its mainstay TV panels.
A new report reveals that Korean television manufacturers have supplanted other manufacturers, taking the number one and two spots in unit-shipment rankings for the second quarter this year.
High-level executives from Japan's Sharp Corp. traveled to South Korea last week to visit LG.Philips LCD Co. Ltd., as Philips seeks a buyer for its 32.9 percent stake in the Korean LCD firm, Taiwan media reported on Friday.
Sebastian from Germany is looking for a high definition (HD) television set, IT engineer Armin is after a media-centre computer, software developer Jens wants a digital photoframe, and Italian civil servant Anna a new phone.
Matsushita Electric Industrial Co. Ltd., the maker of Panasonic brand electronics, said on Monday it hoped to start selling the world's largest plasma television by early next year.
