Panasonic parent Matsushita has announced a massive jump in profits as part of its latest quarterly financial statement. Thanks to strong sales of AV gear and home appliances profits climbed 46 per cent. Net income rose to 115.2 billion yen from 78.7 billion yen YOY. Overall sales saw a 4 per cent drop, but this […]
Entries from January 2008
Panasonic profits soar on the back of plasma sales
January 31st, 2008 · No Comments
Tags: Trade · Plasma · Home cinema · Corporate
PS3 price cuts boost Sony profits
January 31st, 2008 · No Comments
While the profitability of its overall electronics business appears dented because of worldwide price erosion in flat-panels, Sony has still managed to report a jump in profit for the last quarter as its PlayStation 3 business finally stopped gouting money.
Production cost-cutting and growing sales of the price-reduced next-gen console have reaped dividends. In its latest […]
Tags: Trade · Video games · HD DVD and Blu-ray · Corporate
Sonic drops pro-HD DVD authoring development
January 31st, 2008 · No Comments
One of the leading pro-authoring companies is turning its back on HD DVD. Sonic Solutions has confirmed that it’s pulling the plug on its Scenarist HD DVD suite. The company says that it wants to concentrate on Blu-ray authoring, developing creation software for web-enabled BD Live features. Clients which have HD DVD authoring tools will […]
Tags: Trade · HD DVD and Blu-ray
JVC finds new partner to make low-cost LCD TVs
January 30th, 2008 · No Comments
JVC has found a new partner in its battle to claim a slice of the booming LCD TV market. The company is on the verge of announcing a tie-up with Funai in which they will agree to supply LCD TVs for the global market under each other’s brand names. Funai will badge 19-32inch TVs […]
Tags: Trade · LCD TV · Corporate
HD DVD player sales bounce back
January 30th, 2008 · No Comments
HD DVD players have made a modest sales bounce-back, according to new data released by the NPD Group. Toshiba’s post-CES price cuts are thought to be responsible. During the week ending January 19, it’s been reported that 16,496 dedicated BD players were sold in the US, compared to 8,639 units for HD DVD. This gave […]
Tags: Trade · HD DVD and Blu-ray · Corporate