avzombie.com

Steve May's entertainment technology joint

avzombie.com header image 4

Entries Tagged as 'Corporate'

Sony develops superthin OLED panel

April 21st, 2008 · No Comments

Sony has refined its ground-breaking XEL-1 OLED TV, reducing the panel thinness to just 0.3mm, down from 1.4mm. The prototype edition, shown at Japan’s Display 2008 trade expo, is based on an entirely new substrate and glass. It retains the original resolution of  960 x 540 pixels. Commercial production is expected to begin later this […]

[Read more →]

Tags: Corporate · High definition TV · OLED · Trade

Samsung Chairman indicted in tax evasion scandal

April 18th, 2008 · No Comments

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 […]

[Read more →]

Tags: Corporate · LCD TV · Miscellaneous items · Plasma · Trade

JVC makes Japanese TV history for all the wrong reasons

April 17th, 2008 · No Comments

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 […]

[Read more →]

Tags: Corporate · LCD TV · Plasma · Trade

LG hits paydirt with new Scarlett LCD TV range

April 16th, 2008 · No Comments

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, […]

[Read more →]

Tags: Corporate · LCD TV · Plasma · Trade

Super slim LCD TV delay hurts JVC, display rethink on the cards

April 16th, 2008 · No Comments

JVC has revised down already gloomy sales projections, “due to intensified competition as well as delays in the launch of some new products in the area of LCD televisions.” The Japanese CE icon is banking on a new breed of ultra-slim LCD TVs to reinvigorate the brand, but these have yet to come to market. […]

[Read more →]

Tags: Corporate · LCD TV · Trade

US retailer lines up to buy Denon and Marantz

April 15th, 2008 · No Comments

Mainstream US CE retailer Best Buy is apparently in the running to buy a large chunk of D&M Holdings, owner of high-end AV brands Marantz, Denon, Boston Acoustics, Snell and Escient. Holding company RHJ International SA/NV is auctioning its 49 per cent stake in D&M, and has lined up four potential suitors: the aforementioned US […]

[Read more →]

Tags: Corporate · Hi-fi · Home cinema · Trade

TV results cast cloud over Philips

April 15th, 2008 · No Comments

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 […]

[Read more →]

Tags: Corporate · LCD TV · Plasma · Trade

Samsung Chairman could resign over financial scandal

April 14th, 2008 · No Comments

Is the most powerful man in Samsung set to resign following the scandal that has rocked the Asian conglomerate? That’s the question haunting South Korea, as the comments made by Chairman Lee Kun-hee after he endured a second round of interviews concerning allegations of bribery and financial irregularity, are digested. Lee apparently told reporters: “I […]

[Read more →]

Tags: Corporate · LCD TV · Trade