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Panel maker LG Display is to set up its first Research and Development center in China. The Guangzhou New Vision Display Technology Research and Development center will be located in tech hotspot Shenzhen, and will be a joint venture with local TV set manufacturer Skyworth Digital Holdings, the third-biggest TV-builder in the region. The move [...]

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Deteriorating trading conditions worldwide have prompted a cautious Samsung to scale back its growth projections for the year. The world’s biggest LCD TV maker says it now expects global sales to increase by 10 per cent, down from an earlier projection of 15 per cent. Yun Jong-yong, Samsung Electronics Chief Executive, blamed: “rising oil prices [...]

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South Korean panel purveyor LG Display is to take a crack squad of employees to the Himalayas, as part of an innovative corporate team-building extreme challenge project. 15 members of staff have been selected to climb to the Annapurna Base Camp on March 28. The company hopes to improve management techniques during a week long [...]

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Sharp says it will increase LCD panel production at its Kameyama 2 plant by 20 per cent this year. This summer, the facility will be processing upwards of 90,000 glass substrates monthly. It will also introduce new technology to increase the number of 32-inch panels it can squeeze from an 8th generation substrate to 15; [...]

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Hitachi is the latest panel maker to be plunged into crisis, thanks to the growing pressure on the worldwide flat panel TV market. The company says it expects to announce a net loss when it publishes its year-end figures on March 31. Hitachi says the blame for its impending, disappointing results is due to falling [...]

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LCD and plasma panel maker LG Display has signed an extensive cross-licensing agreement with the Eastman Kodak Company, giving it access to a wide variety of OLED intellectual property, including innovative techniques designed to improve the yield of Active Matrix OLED (AMOLED) modules. LG Display believes the deal will give it an edge in the [...]

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Confirming its ongoing retreat from hardcore electronics, Dutch giant Philips has sold off more shares in joint venture company LG Display. Dropping 6.7 per cent, it now owns only 13.2 per cent of the Korean-based company. The sale raised 680 million euros. Philips, which once had a 45 per cent stake in the panel-making venture, [...]

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Terrestrial digital platform Freeview continues to go from strength to strength. The company has announced that 9.7 million Freeview-branded TV products were sold during 2007, a jump of 64 per cent YOY. During the final quarter of the year alone, 3.8 million Freeview embedded products were purchased by switch-over savvy consumers. Freeview PVRs have also [...]

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