LG ELECTRONICS

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Price fixing or good manners? Jury might decide

As the Department of Justice gears up for a rare criminal trial against a publicly traded company, the Taiwanese defendant wants to argue that prosecutors just don't get Asian business culture.

Panasonic eyes fresh tilt at global phone market

Logo of Panasonic Corp. is seen at CEATEC JAPAN 2011 electronics show in Chiba
Panasonic Corp, which has warned it will post a $5.5 billion annual loss, will launch a smartphone in Europe next year, the latest Japanese maker to tiptoe late into a fiercely competitive market dominated by Samsung and Apple.

Samsung's November TV Sales Hit Record

A salesman talks on his mobile phone as he walks past Samsung Electronics' LED television displays at an electronics store in Seoul April 29, 2011.
Samsung Electronics Co, the world's top TV brand, said on Thursday its television sales hit a record 5.7 million units in November, helped by strong U.S. sales during the long Thanksgiving weekend.
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NVIDIA President and CEO Jen-Hsun Huang gives a demonstration during his keynote address at the GPU Technology Conference in San Jose

Chipmaker Nvidia's Quarterly Results Beats Street

Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.
An Android smartphone displays the Google website in this picture illustration in Seoul

Google Offers Support to Android Firms in Lawsuits

Google Inc will continue to offer support to firms using its Android system that are involved in legal disputes, its executive chairman Eric Schmidt said on Wednesday, as the Internet giant looks to cement alliances in the face of toughening competition.
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Nvidia Unveils Newest Bet in Tablets and Phones

Chipmaker Nvidia Corp, rushing to stake out more territory in tablets and smartphones, said its new Tegra 3 processor delivers up to three times the graphics performance of its predecessor and uses 61 percent less power.
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Jitters Over Italy Depress Asian Markets

Asian shares wiped earlier gains and fell anew Tuesday, weighed by concerns that surging bond yields could stifle debt-ridden Italy's fund-raising ability and throw the euro zone deeper into financial turmoil, while Greece struggled to pick a new leader.
Google Chairman Eric Schmidt

Schmidt Pledges Google Won't Favor Motorola

The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.
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Asian Shares up, but Italian Debt Worry Caps Gains

Asian shares rose Tuesday, but gains were capped by concerns that surging bond yields could stifle debt-ridden Italy's fund-raising ability and throw the euro zone deeper into financial turmoil, while Greece struggled to pick a new leader.
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LG Elec plans $890 million share sale: source

LG Electronics, South Korea's loss-making handset maker, plans to issue new shares worth around $891 million to improve its cash flow, a source with knowledge of the matter told Reuters on Thursday.
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LG Elec shares tumble nearly 15 percent

Shares in LG Electronics plunged by nearly the daily limit of 15 percent late on Thursday, hit by market talk the company was planning a $890 million share sale to support its ailing smartphone business and unprofitable flat-screen unit.
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Google Bets on Mobile Internet Growth in India

Internet giant Google expects India's Internet growth to be driven by mobile users, predicting that they will form the majority of new Internet users in the country as low-priced smartphones become available.
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Considers Pulling out of LCD JV with Samsung: Sources

Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.
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LG Elec Q3 misses consensus; handset loss widens

South Korea's LG Electronics reported a wider-than-expected quarterly loss on Wednesday, with its mobile phone division sinking deeper into the red, dashing hopes of a recovery in its struggling smartphone business.

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