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Entries from May 2007

JVC President steps down after financial meltdown

May 31st, 2007 · No Comments

After a disastrous performance which has seen Matsushita offer it up for sale, JVC has announced that its current president Masahiko Terada, will step down at the end of June. The two remaining Matsushita representatives will also leave the JVC board. JVC Senior Managing Director Kunihiko Sato, will take over the role of President. His […]

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Tags: Corporate · Trade

iTunes DRM-free tracks for audiophiles

May 31st, 2007 · No Comments

iTunes has finally begun to offer music downloads free of its FairPlay DRM technology; for the first time allow users of other portable music devices can make use of the online store. The DRM-free tracks will also be encoded at 256KB per second, significantly improving their audio quality. “Our customers are very excited about the […]

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Tags: Hi-fi · Trade

Apple inks deal with YouTube, increases HDD

May 31st, 2007 · No Comments

Apple has inked a deal with YouTube to allow owners of its Apple TV streamer to flow YouTube’s user-generated content direct to their TVs. The service will begin in June, with the entire YouTube catalogue expected to be available by the autumn. Apple has also announced a new version of the Apple TV with a […]

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Tags: High definition TV · Internet and networking · Trade

Fire risk forces Panasonic to recall three million products

May 31st, 2007 · No Comments

Matsushita, parent of Panasonic, has recalled three million home appliances in Japan amid fears about safety. At the centre of the recall are microwave ovens, fridge-freezers and clothes dryers. The goods were manufactured between 1983 and 1993. It says it has concerns about parts overheating, creating a fire hazard. To date, 23 accidents involving its […]

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Tags: Corporate · Miscellaneous items · Trade

Polish LG LCD plant opens for business

May 31st, 2007 · No Comments

LG’s Polish LCD module assembly plant has opened for business. The new site, which it shares with affiliates LG Philips, LG Innotek and LG Chem, will concentrate on producing screens for the fast-growing European market, which already represents 37 per cent of global screen demand. Capacity is expected to be 2.4 million screens in year […]

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Tags: Corporate · High definition TV · LCD TV · Trade

Zune defies critics, hits one million users

May 31st, 2007 · No Comments

Its critics have been harsh, but Microsoft’s Zune music player clearly has legs. The company has announced that it expects to hit a million sales by the end of its financial year in June.  Robbie Bach, president of Microsoft’s Entertainment and Devices Division, is predictably pleased with the progress of his pet project, saying “When […]

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Tags: Hi-fi · Internet and networking · Trade

Nintendo Wii aims for record Xmas sales

May 30th, 2007 · No Comments

Nintendo will increase monthly production of its Wii games console to at least 1.75 million units this year. So says Michael Pachter, a video game analyst from Wedbush Morgan Securities. “Nintendo can own the Christmas holiday period this year,” he says, provided it can meeet demand. “It would be horrible for Wiis to be out […]

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Tags: Trade · Video games

TiVo to launch DVB-box down-under

May 30th, 2007 · No Comments

TiVo is little more than a distant memory to most UK AV enthusiasts, but now the original PVR brand is emigrating to Australia and New Zealand, following a deal with local broadcaster Seven Media Group. Seven says it will offer viewers a digital terrestrial DVB-T settop box utilising the latest TiVo technology, including the ability […]

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Tags: Broadcasting · High definition TV · Home cinema · Trade