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.

Sony quits organic-screen TV business

Sony Corp. has discontinued production of TV sets with organic electroluminescence (EL) display panels, widely seen as the mainstream panel to be used in next-generation flat-screen TVs, it was learned Saturday.

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.

Moody's lowers Sony rating outlook

Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.

S. Korea firm to launch mega-fast wireless service

South Korea's top mobile carrier SK Telecom said it would launch its super-fast 4G wireless service Friday to meet growing demand from users of smartphones and tablet computers.

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.

Sony suspends some production at more Japan plants

(AP) -- Sony Corp. said Tuesday it is suspending some production at plants in Japan that make popular consumer electronics like digital cameras and televisions due to shortages of components and raw materials following the ...

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