Sony will be able to reach its goal of selling 10 million LCD TVs in the year ending March 31, 2008, Executive Deputy President Katsumi Ihara said Wednesday in an interview with The Nikkei.

Following Sony, Toshiba plans to begin selling TVs with OLED screens as soon as panels are ready.

Sony has revealed the "second edition" of the Sony Reader, the PRS-505, which has been slimmed down and now comes in either silver, or dark blue.

MT Picture Display, a unit of Japanese giant Matsushita Electric Industrial, will close its operations in Thailand.

A Samsung official said the companies will debut the Samsung-Armani mobile phone in November, and an LCD TV in January next year.