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If you were hanging on for the release of Avatar 3D on Blu-ray, then you might be Pandora-less for a little longer than anticipated. Panasonic has confirmed to me that it’s nabbed the exclusive global distribution rights to the blockbuster title until February 2012. Until that point, it will only be available as a retail [...]

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The Chairman of Samsung, Lee Kun-hee, could be jailed for five years after being indicted by South Korean Special Investigators on charges of tax evasion and breach of trust. The revelation came at the conclusion of a very public 99-day probe into corruption charges. The shamed Chairman was found guilty of hiding 4.5 trillion won [...]

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It is looking increasingly likely that JVC will become the first Japanese TV maker to withdraw from its local market, citing fierce pricing competition for the retreat. Many of the company’s financial woes stem from its money-losing TV operation. JVC’s latest prediction is that it will lose 47.8 billion yen this fiscal year. The company [...]

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Flatscreens and mobile phones have helped South Korea’s LG Electronics to turn last year’s financial loss into a first quarter net profit. The company has declared earnings of 422 billion won for Q1, with sales up 14.8 percent. LG’s Digital Display Company in particular is shining. Sales jumped 32.1 per cent to 3.637 trillion won, [...]

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Phillips says that difficult trading conditions surrounding its TV business are to blame for a 28 per cent fall in profits. In a statement about its poor past quarter performance, Gerard Kleisterlee, president and CEO, confirmed that while results across most of its operations were good, “our results are clouded, more than we like, by [...]

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Flatscreen TVs and laptops remain a hotspot for DSG international, owners of Dixons, Currys and PC World stores. According to its latest business report, covering the 25 week period ending April 5, total group sales were up six per cent.  DSG says that its UK and Ireland Electricals business saw “good demand in response to [...]

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South Korean panel purveyor LG Display is to take a crack squad of employees to the Himalayas, as part of an innovative corporate team-building extreme challenge project. 15 members of staff have been selected to climb to the Annapurna Base Camp on March 28. The company hopes to improve management techniques during a week long [...]

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Sharp says it will increase LCD panel production at its Kameyama 2 plant by 20 per cent this year. This summer, the facility will be processing upwards of 90,000 glass substrates monthly. It will also introduce new technology to increase the number of 32-inch panels it can squeeze from an 8th generation substrate to 15; [...]

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