Monthly Archives: October 2013

Insolvent Loewe Receives Formal Written Bid From Mystery Investor

Loewe TV

Germany’s high-end TV and audio-visual equipment maker Loewe has announced that it’s received a “specific written offer” from an investor whose identity is being kept secret for the moment, which will allow the company to complete its strategic business realignment. The news brings an end to a period of uncertainty for Loewe that begun three months ago when it first ... Read More »

LG To Push 4K & OLED As TV Revenue Dropped 7%

LG curved OLED TV

With the global TV market down in the dumps, LG has hinted at its plans to push its premium product line of 4K and OLED TVs even more aggressively over the coming months – but what does that mean for UK consumers ahead of Christmas? In its Q3 revenue report, LG’s home entertainment division announced disappointing results with revenues falling ... Read More »

Pre-launch Interest In Sony PS4 Is Twice Higher Than Xbox One

Sony PlayStation 4

With less than a month to go before the next-generation console war is unleashed, new research shows that Sony’s PlayStation 4 has taken a significant early lead over the Xbox One, with more than two times as many gamers said to be interested in the former as they are in the latter. These are the latest findings from digital intelligence ... Read More »

China To Make Up Half Of Global 4K TV Shipments From Now To 2017

TV shipment

It’s no secret that the TV industry has struggled with declining sales over the last couple of years, but with the emergence of exciting new technologies like 4K Ultra HD, major brands are hoping this will be enough to revitalise their businesses. Companies like Sony especially are pushing 4K extremely hard, but just as these efforts are beginning to stir ... Read More »