AV zombie

Tonight in London, LG will spoof media with the supposed launch of a new TV series from David Nutter, the director of Smallville and Supernatural, called Scarlet. But there is no TV show. The carefully stage event is actually part of an elaborate worldwide promotional campaign for its upcoming Scarlet TV range, flat-panel models with […]

[Read more →]

Panasonic continues to look strong despite the gloomy global economic climate. According to its latest financial statement, company profits jumped 30 per cent over the last fiscal year, to 281.88 billion yen from 217.19 billion yen, even though sales were down slightly (9.069 trillion yen from 9.108 trillion), a consequence of its separation from […]

[Read more →]

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 […]

[Read more →]

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 has […]

[Read more →]

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 […]

[Read more →]