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Entries Tagged as 'LCD TV'

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 […]

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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 […]

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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, […]

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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. […]

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Tags: Corporate · LCD TV · 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 […]

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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 […]

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Tags: Corporate · LCD TV · Trade

When it comes to TV, special promotions are everything

April 14th, 2008 · No Comments

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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Tags: Corporate · Internet and networking · LCD TV · Plasma · Trade

LG Display delivers record profit as LCD market boils

April 10th, 2008 · No Comments

The world’s number 2 maker of LCD panels, Korean-giant LG Display, has posted a record quarterly operating profit of 881 billion won. Making the figure even more remarkable is the fact that the result follows on from a record loss of 208 billion won the year before. LG Display chief financial officer Jeong Ho-young confirmed […]

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Tags: Broadcasting · LCD TV · Trade