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Entries from April 2007

Toshiba revenues hits record high

April 30th, 2007 · No Comments

HD DVD-inventor Toshiba has announced report profits for its 2006 fiscal year. Annual sales hit 7.16 trillion Yen, while its operating profit totaled 258 billion Yen. The brand’s semiconductor business jumped 25 per cent, despite an overall fall in price for memory devices, and is responsible for around half of the company’s profit.

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Tags: Corporate · HD DVD and Blu-ray · High definition TV · Trade

Kutaragi plays on

April 30th, 2007 · No Comments

Ken Kutaragi may have announced his retirement from Sony, but the PlayStation 3 inventor isn’t ready to hang up his joystick just yet. Speaking to Electronic Times, his says: “As a matter of course, I have the vision of PlayStation 4, 5 and 6, which will merge into the network. Now I’m ready to start […]

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Tags: Corporate · Trade · Video games

Microsoft pays high price for Zune and Xbox

April 30th, 2007 · No Comments

Adventures with the Zune and Xbox continue to cost Microsoft dearly. The software giant has reported a 20 per cent decline in third-quarter revenue for its entertainment and devices division. Revenue dropped from 1.2 billion dollars to 929 million dollars. In a statement, the company said: “EDD revenue decreased during the three months ended March […]

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Tags: Corporate · Hi-fi · Trade · Video games

ITV joins BBC to create free HDTV satellite service

April 29th, 2007 · 3 Comments

The prospect of free-to-air high definition TV broadcasting in the UK moved forward this week with the announcement by the BBC that it plans to launch the Freesat platform early 2008. The venture has been approved by the BBC Trust and will be conducted as a joint venture with ITV. The proposal is for as […]

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Tags: High definition TV · Trade

Hitachi sues LG over plasma patents

April 27th, 2007 · No Comments

Hitachi is to sue Korean rival LG over plasma patents. The brand’s Plasma Patent Licensing division has filed a lawsuit maintaining that LG has violated seven of its patents. Hitachi is seeking an injunction to prevent LG from selling plasma screens in the US. Hitachi says it has been in discussion with LG about licensing […]

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Tags: Plasma · Trade

BBC pulls plug on HDTV trial

April 27th, 2007 · No Comments

The BBC will end its HDTV digital terrestrial trial on May 31. Transmissions were being operated under a specific and temporary OFCOM license. The Beeb says “We’ve come a long way since kick-off on 9th June 2006 with the World Cup, and the technical testing is now complete. The trial testing has been a great […]

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Tags: Broadcasting · High definition TV · Trade

Toshiba to sell 3 million HD DVD players

April 27th, 2007 · No Comments

Toshiba says that it aims to sell three million HD DVD players during its new financial year (ending March 2008). The announcement reveals a steely determination to take the fight to Blu-ray, through a variety price models and special promotions. The company also says it will take the format into unspecified “new markets.” It sold […]

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Tags: HD DVD and Blu-ray · High definition TV · Home cinema · Trade

AV brand Harman sold for 8 billion dollars

April 27th, 2007 · No Comments

Harman International, owners of US AV brands Harman Kardon and JBL, has been sold to private equity firms Goldman Sachs and Kohlberg Kravis Roberts and Co. for a reputed 8 billion dollars. The company’s founder and executive chairman Dr Sidney Harman retains his position.

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Tags: Corporate · Trade