Subscription required. To avoid repeat of 2006 glut, Sony, Toshiba, Retailers push giant screens, quality.

This week Amazon's Jeff Bezos is releasing the Amazon Kindle, an electronic device that he hopes will leapfrog over previous attempts at e-readers and become the turning point in a transformation toward Book 2.0.

"...Samsung has cut more than 1,600 jobs in a large-scale restructuring move unseen since 2002, to take the brunt for weak prices of chips and flat-panels for televisions...Market observers said the latest large-scale job cuts have widely been expected as the operating margin for the company plunged 27 percent in the first quarter from a year ago due to disappointing performances in its key business..."

Shares climbed Tuesday after the tech ouftit allayed worries about weakening consumer demand for TVs that use its LCD technology.