Toshiba said Thursday it has stopped making televisions in Japan, citing slow domestic demand as falling prices, fierce global competition and a strong yen pressure the country's electronics makers.The IT-and-engineering conglomerate shuttered production lines at its last remaining domestic TV plant in Fukaya, near Tokyo, at the end of March, a company spokesman told AFP.
According to reports, Apple Inc. (NASDAQ:AAPL) is finally ready to take a page out of Samsung’s book and start incorporating OLED screens in its iPhones from 2018 onward. The tech giant currently uses LCD displays for its smartphones and tablets, with only the Apple Watch getting the more advanced OLED displays. OLED screens feature deeper blacks and better contrast levels, while also improving battery life and energy efficiency.
Domestic production of LCD/LED TV panel's has increased up to 20 per cent during the September- November period, after the government ended duty-free import of high-end flat screen plasma televisions in August.
According to news reports emerging from South Korea, Apple Inc. (NASDAQ:AAPL) is close to sign a deal with Samsung Electronics (OTCMKTS:SSNLF), which will make the Korean tech giant its exclusive OLED panel supplier. Media sources claim these negotiations have progressed on a rapid pace, with Samsung likely to expand its OLED production capacity once the deal is finalized.
As reported earlier, at least one prominent hedge fund manager, Dan Loeb, is very bullish on Sony (or at least has played his cards well enough to buy the stock 50% lower and is using today's ramp to offload to unwitting momentum chasers as he did with Herbalife). Whether he is merely using the opportunity to earn some activism brownie points on the background of the overall levitation of the Japanese stock market, or is genuinely convinced there is upside for Sony remains to be seen.
Japan's Toshiba said Monday it swung back to a net profit for the December quarter from a year ago on strong demand for its memory chips used in smartphones and tablet computers.The electronics giant, whose business spans consumer electronics and nuclear power plants, revised upward its full-year earnings forecast on the back of its strong third-quarter results.Toshiba reported a net profit of 12.4 billion yen ($151 million) in the period, reversing a net loss of 10.6 billion yen a year earlier.
TOKYO (Reuters) - Japan's Toshiba Corp said on Monday that it will join the Blu-ray Disc Association -- its former enemy in a bitter format war -- to make blu-ray players by year-end to tap demand for high-definition home movies.