According to electronics and display industry sources, LG Display recently agreed with Samsung Electronics to supply its two to three models of 40- to 60-inch LCD TV panels. The two companies are discussing the contract details, such as model, price and supply time, and are about to enter into a final agreement.
South Korea's LG Display said it was in talks with Samsung Electronics about a supply agreement for television display panels.
At an event in San Francisco, LeEco said it would begin selling smartphones and smart TVs in the US on Nov. 2. But Chief Executive Jia Yeuting said in an interview that only 100,000 phones would initially be available, and that he didn't know how many smart TVs will be available by the launch date.
Wall Street Journal
Japanese electronics maker Sharp Corp said a sale of any of its overseas factories was not under consideration currently, after a report said it planned to sell its TV manufacturing plant in Mexico next year.
Japan-based Sony has managed to slash the operating loss in its television business by half in the just-ended fiscal year by reducing fixed costs and narrowing its product lineup, a company executive said Thursday--a significant improvement even though the segment has lost money for a ninth year in a row, the Nikkei reported.
"Furthermore, Digitimes Research published in January suggests that by the end of 2014, global sales of UHDTVs could pass the 10 million mark, despite their high price tags, humongous screens and lack of native content."
Sharp is considering chopping some 3,000 jobs, or 15% of its parent-basis workforce, to turn its deteriorating business around, Kyodo News reported Thursday, citing sources close to the plan.
Marketwatch.com (Dow Jones)
Samsung Electronics extended its lead in the worldwide LCD TV market in the first quarter, while the overall market shrank, research firm IHS iSuppli reported Friday.
Investor's Business Daily
Toshiba has announced that it will implement a series of functional reorganizations of its Digital Products business facilities in Japan that will enhance operating efficiency and the performance of its Digital Products businesses, including the LCD TV business.
The LCD flavor of flat-screen TVs are by far the most popular, making up 84% of the market, yet demand for them is waning. Shipments of LCD units declined for the first time ever, dropping 3% to 43 million units in the first quarter, according to an NPD DisplaySearch report.
Vizio on Wednesday announced that it had shipped more LCD HDTVs than any other vendor in the first quarter of 2012. The company captured an 18.5% market share of the LCD HDTV industry, increasing 3.5% quarter-over-quarter, and a 27.5% overall share.
Toshiba has predicted profit will rise 83% as sales recover from a slump caused by the strong yen, falling prices and natural disasters.
After having declined for the past two years, the price for LCD TV panels rose by US$1 per unit, or 0.79 percent, in the first half of this month, with further price increases expected next month, as the lower yield rate limited supply growth ahead of China's Labor Day shopping holiday this month, market researcher NPD DisplaySearch said.
Samsung Electronics has announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.
Flat-panel maker LG Display Co. said Tuesday that it stayed in the red for a third consecutive quarter, hurt by continued sluggish demand for television panels, but added it's now seeing green shoots of recovery and may swing back to profit in the current quarter.
The Wall Street Journal
LG Electronics Inc. posted its first profit in three quarters, beating expectations thanks to a revival in its mobile business and demand for high-end TVs.
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display (LCD) TV market.
Sony Corp flagged a record $6.4 billion annual net loss, double its earlier forecast and a fourth straight year of red ink, inflated by writing off deferred tax credits mainly in the United States.
Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced a new, revolutionary non-dissipative LED backlight driver for LCD TV applications.
Having previously differenciated their LCD and Plasma TV lines by virtue of size; Panasonic have annouced that they will be producing larger screen LED TVs for the first time.
Panasonic Corp. forecast a record net loss of JPY780 billion for the current year, making it the latest consumer electronics giant to predict declining earnings because of the stronger yen, a slower global economy and the floods in Thailand.
The Japan Times
Wall Street Journal
Foxconn will lay off 600 people in its Slovak plant where it makes LCD TVs for Sony due to low demand, Slovak business daily Hospodarske noviny reported on Monday.
AFP (via Google)
Sharp Corp. said Thursday it expects to sell more than 1 million large LCD TVs in North America in the business year to March, about five times more than last year as demand surges in the US market.
The Japan Times
Apple's long-rumoured iOS-packing LCD TV range may be set for a 2012 release according to the latest round of rumours.
As projected, the largest LCD TVs were indeed cheaper and more plentiful and increased sales in third-quarter 2011, but it was the 32-inch screen size segment that continued to wildly outpace all other segments quarter to quarter.
Doorbuster deals on LCD TVs drew crowds of Black Friday shoppers to big box stores on Thanksgiving evening.
LCD TV prices will fall to their lowest levels of all time this Black Friday, as television manufacturers try to use bargains to revive struggling sales.