Samsung commits to LED screens, will spin off LCD unit

Samsung Electronics Co. is spinning off its LCD display manufacturing business and merging with its smaller LED display unit in a move that reveals the company's vision of the future of televisions and mobile screens.

Samsung, Sharp in LCD price-fixing settlement

South Korea's Samsung, Japan's Sharp and five other Asian firms have agreed to a $553 million settlement for illegally fixing liquid crystal display prices, New York state's attorney general said Tuesday.

Sony, Samsung dissolve panel joint venture

Japan's Sony and South Korean rival Samsung are dissolving their joint venture in liquid crystal display panels as Sony tries to stanch years of losses in its TV business.

S. Korean antitrust agency fines LCD makers $175m

Seoul's antitrust agency said on Sunday it had fined 10 of the world's leading flat panel makers in South Korea and Taiwan a total of 194 billion won ($175 million) for price fixing.

Sharp annual profit more than quadruples

(AP) -- Sharp said its annual profit more than quadrupled due to brisk demand for liquid crystal display screens but warned the earthquake and tsunami that hit Japan last month will have a "broad" impact on its business.

Taiwan's AUO files counter-suits against Sharp

Taiwanese flat screen maker AU Optronics Corp said Thursday it had filed patent lawsuits against Sharp, in an escalating battle after the Japanese firm took action targeting AU.

Toshiba profits surge but yen overshadows outlook

Japanese electronics giant Toshiba said Tuesday its net profit surged in the three months ended September from a year earlier but left its profit outlook unchanged on uncertainties caused by a strong yen.

Samsung, Sony book profits but wary of road ahead

(AP) -- Three of the world's biggest names in electronics - Samsung, Sony and Panasonic - are bracing for weaker global demand and a rocky road even as they reported stellar quarterly profits Friday.

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