07/13, 3:10pm
LCD makers price fixing
The European Union's antitrust regulators have charged Philips Electronics, LG Display and a number of smaller, unnamed LCD makers with corroborating on fixing the price of LCD monitors, Philips announced on Monday. According to a Monday report, the EU antitrust regulators began their investigation in 2006, along with their US counterparts, and has now concluded that the involved firms knowingly kept pricing high. Philips said it would vigorously fight the accusation and claimed that it sold all of its shares in LG Display in March, eliminating possible incentives to illegally collaborate in the future.
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02/09, 12:05pm
TVs in Apple's future?
Apple is headed in the direction of producing a genuine TV, claims Piper Jaffray analyst Gene Munster. Though the company already produces the Apple TV set-top, which has in fact been enjoying brisker sales, it is thought that the company may be interested traveling further in the direction of consumer electronics, spurred on by the success of the iPod and the iPhone. A true Apple TV could let the company merge existing functions with live broadcasts and extra Internet services, Munster suggests, and make Apple synonymous with the world of electronics and "lifestyle" accessories.
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01/12, 8:35am
Apple and LG Display Deal
LG Display on Monday said it has landed a deal with Apple to supply the company with displays for the next five years. The Korean firm has declined to provide the full financial terms of the deal but in a securities filing admitted that it will receive a $500 million up-front payment from Apple later in January, revealing a more substantial deal over the long term. The company has acknowledged the payment and refers to the new deal as a deepening of its agreements with the American company.
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12/22, 10:40am
LG sunlight-lit laptop LCD
LG Display announced on Monday it has introduced a prototype 14.1-inch LCD screen that reduces power consumption by as much as 75 percent when used outdoors on a sunny day. Users will have to manually switch between the conventional backlight unit mode and the new outdoor reflective mode by pressing a button. LG says visibility outdoors has also been addressed, as the new LCD has a 9:1 outdoor contrast ratio instead of the 2:1 or 3:1 usually found on conventional notebooks when they are placed outdoors.
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