Tv Sales Archive

  • Sony turning to Intel chips and Android to revitalize TV sales

    Sony turning to Intel chips and Android to revitalize TV sales

    Posted on April 29, 2010 | No Comments
    Look out, Sony is actually trying something new and might announce Intel Atom-powered TVs next month at Google I/O 2010. A new Android released dubbed Dragonpoint is said to run on these TVs and will be just the beginning of Sony's venture into the so-called Smart TV market. The report comes from Bloomberg who sources two people familiar with the matter. The timing is certainly right. Sony hasn't been in the top TV spot for years, constantly losing marketshare to others like Samsung, LG, and even Vizio. Something needs to be done and so Sony is said to be testing a whole line of home entertainment devices that will bring the wonders of the Internet to TVs and Blu-ray players through Android. Logitech is even said to be in on the venture and will contribute a wireless keyboard that will work as a remote. But as sweet as an Android TV sounds, it might not be the right solution -- at least not for the North American market. This could either be a huge win or a fail whale.

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  • First Sony, now Panasonic swings into black and raises outlook

    First Sony, now Panasonic swings into black and raises outlook

    Posted on February 5, 2010 | No Comments
    Sony isn't the only electronics powerhouse reporting good news from the financial front these days. Today Panasonic, which, as you will remember, recently acquired Sanyo for $4.4 billion, announced it returned to profit in its fiscal third quarter (October to December 2009), too. The company's profit nearly quadrupled to $1.1 billion, while revenue almost stayed the same at $20.1 billion in that quarter (on a year-on-year basis).

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  • Panasonic officially owns Sanyo and boasts the world’s largest plasma panel plant now

    Panasonic officially owns Sanyo and boasts the world’s largest plasma panel plant now

    Posted on December 22, 2009 | No Comments
    Good news for Panasonic in the last 48 hours. The company announced yesterday that it now officially turned Sanyo into a subsidiary after acquiring a 50.27% stake in its smaller rival. The merger was in the making for several months, and Panasonic paid a whopping $4.4 billion to make it happen. So we now have Japan's second largest electronics maker in terms of sales (Hitachi is still the biggest). And one day later, Tuesday morning Japanese time, Panasonic announced another accomplishment: The company has completed the world's largest plant for plasma panels. It's located in Amagasaki in Southern Japan and is ready to produce the largest PDPs in the industry (Panasonic says panels sized at 330 centimeters by 190 cm can now be mass-produced).

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  • Sony loses $390.5 million

    Sony loses $390.5 million

    Posted on July 30, 2009 | No Comments
    Poof! Sony lost $390.5 million in the first quarter compared to a profit of almost $800 million in Q1 last year. TV sales are way down along with still and video cameras. Samsung, it seems, is kicking their butt.

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