Eastman Kodak Company has announced that it will sell all the assets associated with its OLED business to a group of LG companies. Financial details were not disclosed.

The fall in cost is due to the increased lifetime, according to the independent EU Energy Institute.

Nokia, the world's largest maker of mobile phones, has sued Samsung Electronics, LG Display, AU Optronics (AUO) and other LCD manufacturers over claims they colluded to fix prices of panels.

Samsung Electronics has set its 2010 capital expenditure at 8.5 trillion won (US$7.4 billion), up from this year's planned seven trillion won, the Maeil Business Newspaper reported in its early Thursday edition.

The US Federal Trade Commission is calling for public comments on a proposal to introduce a new labeling system for light bulbs, including LED lamps.