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Sony has announced a big jump in revenue, up 1.744 billion yen, and an operating profit of 27 billion yen in its 2007 first quarter financial results, thanks to a stellar performance from its BRAVIA LCD TV, digital camera and PC divisions. Sales within the Sony Electronics division were up 13.5 per cent. However, game [...]

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Panasonic, or rather its parent Matsushita Electric Industrial Co. Ltd, is to close its Malaysian CRT factory, MT Picture Display, a Malaysian subsidiary of the Matsushita Toshiba Picture Display Company. The operation makes picture tubes for the American and Japanese TV markets. The joint venture company was formed with Toshiba in 2002, to reduce manufacturing [...]

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Sony is introducing two new Freeview tuner HDD/DVD recorders. The RDR-HXD560 (pictured above) has an 80GB hard drive able to record 106 hours of TV, while the RDR-HXD860 (pictured below) has a 160GB drive capable of storing 249 hours. Both models are DVD+/-R compatible and can record and playback DVD+ R double layer discs with [...]

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JVC’s first quarter financials for fiscal 2007 make for gloomy reading. Despite increased net sales, at 176.1 billion yen, the company declared a wider net loss of 1.9 billion yen for the quarter. In a statement, the company says its “Consumer Electronics segment in Japan declined year-on-year. The elimination of available DVD recorder models contributed [...]

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LCD TV leader Sharp has reported big gains in both sales and income for its first fiscal quarter, which ended June 30. Consolidated net sales were up 12.6 percent at 693.7 billion yen. Net operating profit was 40.4 billion yen, and net income of 23.8 billion yen. Sales of AV and LCD products were up [...]

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After two years of negotiation, Matsushita Electric (parent of Panasonic) has finally filed a lawsuit against Taiwanese disc manufacturer CMC Magnetics, and its two US affiliates Hotan and KHypermedia, alleging that their DVD recordable media infringes upon its patents. CMC supplies replication plants worldwide and manufactures HP-branded blank media.

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Sky has confirmed that it had installed 38,000 Sky HDTV systems by June 30. Currently the total number of bookings for its HD box stands at 90,000. The satcaster says it will take till September to fulfill all its orders. According to information released by sales analysts GFK, 2.73 million HD ready screens will be [...]

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The MPAA and RIAA have won another legal victory over the file sharing community. Kazaa has agreed to pay 115 million dollars in fines and has vowed to install filtering software designed to prevent the sharing of copyrighted material by its users. The Motion Picture Association of America declared the Australian court ruling “another milestone [...]

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