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Thursday, October 15, 2009

LG Display’s Net Nearly Doubles

Jung-Ah Lee

South Korea’s LG Display Co. said its third-quarter net profit nearly doubled from a year earlier, thanks to a steady rise in prices for flat-panel screens.

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Thursday, October 8, 2009

Panasonic Cites Hurdles for 3-D Television

Daisuke Wakabayashi

Even as the electronics industry pushes televisions for watching three-dimensional videos as a future growth area, Panasonic Corp. acknowledged that it will be challenging to get consumers to upgrade to 3-D sets so soon after many purchased new flat-screen TVs.

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Monday, April 13, 2009

To Avoid Korean Law, YouTube Disables Some Features

Jessica E. Vascellaro

YouTube’s cat-and-mouse game with governments abroad continues.

To avoid a South Korean law that would require users who upload or comment on videos to first register with their real names, YouTube last week disabled those two features on its local Korean site, according to the company. The move garnered new attention Monday, after it was reported by a Korean publication, Hankyoreh.

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Tuesday, November 18, 2008

Corning: LCD Demand Crumbling; Guidance Too High

Eric Savitz

Things keep getting worse for Corning, as demand for large-screen LCD televisions sags in the face of a global consumer recession.
The LCD glass maker this morning said it is now withdrawing the financial guidance it provided just a few weeks ago for the fourth quarter and for 2009.
In a statement, CFO James Flaws said that “Panel makers, particularly those in Taiwan, have continued to reduce the utilization of their factories heading into the second half of this quarter in response to weakened retail demand for LCD televisions and desktop monitors.”

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