Aug. 11, 2010 at 3:24 p.m.
Filed under:
Litigation,
Technology
By Mary Ellen Podmolik
The Illinois Attorney General’s office said it filed suit Tuesday in Cook County Circuit Court against 22 major companies for allegedly fixing the prices of liquid crystal display screens used in computers, televisions and cell phones.
The companies named in the lawsuit include Hitachi, Ltd., Epson Imaging Devices Corp., LG Display Co., Samsung Electronics Co., Ltd., Sharp Corp., and Toshiba Corp.
In addition to seeking to stop the alleged activity, the suit asks the court to award as damages the overcharges paid on purchases of the affected items. Get the full story »
July 29, 2010 at 10:31 a.m.
Filed under:
Earnings,
Entertainment
By Reuters
Sony Corp. lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.
Rivals Panasonic Corp. and Sharp Corp. also reported profits for April-to-June versus losses a year ago, while Panasonic joined Sony in upgrading its forecast as both cashed in on growing sales in emerging markets. Get the full story »
June 28, 2010 at 3:12 p.m.
Filed under:
Cell phones,
Telecommunications,
Wireless
By Dow Jones Newswires
In the shadow of the latest blockbuster Apple Inc. iPhone launch, Samsung Electronics Co. has quietly positioned its own marquee smartphone with all of the national carriers in an attempt to regain its position with high-end cellphones.
Verizon Wireless, Sprint Nextel Corp. and T-Mobile USA said Monday that they would be carrying a version of Samsung’s Galaxy S. AT&T Inc. previously said it would sell a version of the device later this year. Of all the carriers, only T-Mobile would commit to a firm launch date of July 21. Get the full story »