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...The demand swell also helped Samsung’s Korean rival LG Electronics post record fourth-quarter earnings....
...The companies’ presence in the living room is no less dominant, Sony, Bang & Olufsen, Panasonic and Philips’ OLED TVs incorporate LG panels....
...He was replaced with Chung Ho-young, president of affiliate LG Chem....
...Cross-town rival LG Display reported its first operating loss in six years on Wednesday in the first quarter amid LCD oversupply due to China’s increased production....
...Analysts estimate LG Display will sell just 800,000 units this year — mainly because manufacturing costs are so high. OLED TVs are three times more expensive than LCD TVs....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College My guess is he will be too timorous to do the right thing....
...The Chinese can make even ultra high-definition TVs at lower costs,” says Oh Chang-ho, senior vice-president of LG’s OLED TV development division. “We cannot win this price war....
...“Today, when we make an LCD panel, we have to use a glass substrate 2.5m long, with a thickness of 0.5mm,” says Hur Yeon-ho, head of factory automation for LG Display....
...The line up is: Portugal v Sweden, France v Ukraine, Greece v Romania and Iceland v Croatia PlayStation 4 launches Sony launches its PlayStation 4 in the US....
...LG also said it had no plans to build a new LCD factory in 2012 due to the industry’s excess capacity....
...LG’s panels have been adopted by Toshiba of Japan, Philips of the Netherlands, Vizio of the US and some Chinese TV manufacturers....
...“The significance is that LG and Samsung have their permits and Taiwan doesn’t want to be left behind,” said Sebastian Ho, a sector analyst with Yuanta Investment Consulting in Taipei....
...He is in a better position to draw the company’s long-term growth picture,” says Park Kang-ho, an analyst at Daishin Securities....
...Sony’s Korean rival Samsung is equally gung-ho about 3D....
...Other deals by the Taiwanese group since 2005 have included the purchase of the e-paper business of Philips of the Netherlands, and also of Hydis, an LCD screen manufacturer based in South Korea that gave...
...All the companies identified pledged to co-operate fully with the investigations....
...LG Display, formerly LG Philips LCD, reported a net profit of Won717bn ($734m) for the first three months of the year, compared with a Won169bn net loss a year ago....
...LCD....
...LG Philips LCD on Monday reported its highest net profit in three years as panel prices stabilised on rising demand and production costs continued to fall....
...Both JVC and Korea’s LG Electronics are showing super thin HDTV sets measuring just 1.5in and 1.7in thick respectively....
...LG Philips LCD gained 3.5 per cent to Won43,500. The Nikkei 225 stock average rose 2.8 per cent to 13,688.28, while the broader Topix gained 2.5 per cent to 1,334.72....
...In South Korea, better-than-expected results from chipmaker Samsung Electronics and LCD screen manufacturer LG Philips blunted sharp falls elsewhere on the Seoul market....
...Separately, Samsung Electronics’s rival, LG Philips LCD, said on Monday that it has signed a preliminary agreement with TV set makers to form a strategic alliance....
...South Korea’s Kospi shed 3 per cent to 1,683.56 as exporters LG Philips LCD dropped 1.1 per cent to Won40,400 and Hyundai Motor dropped 0.5 per cent to Won67,100....
...According to the company, as of June 11 its 32.9 per cent stake in LG Philips LCD was worth just over €4bn, its holding in TSMC €3.4bn and its 19.9 per cent of NXP €854m....
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