LG Display this month reported record losses, partly as a result of a slump in global demand for TV sets. The South Korean company, which is one of the leading suppliers of flat-screen panels to technology giant Apple, posted its biggest ever quarterly loss – amounting to 492 billion won (£271 million) for the period between July and September 2011 ... Read More »

In a bid to stem losses, Panasonic is set to cut jobs and vastly reduce its plasma TV panel output. According to a source close to the company, the Japanese consumer electronics giant is looking to cut around one thousand jobs and slash production of plasma television panels. Panasonic Corporation is said to be stopping production at the Amagasaki No. ... Read More »

Dutch technology giant Philips this week announced huge job losses as well as uncertainty over its TV business due to a massive plunge in profits. The company revealed that it suffered an 85 percent slump in net profit in the third quarter on higher raw material and restructuring costs. Philips hit by job losses and uncertainty over TV business Philips ... Read More »

The Beeb has published its monthly performance figures for the BBC iPlayer this week, revealing that the video-on-demand (VoD) service received 153 million requests for TV and radio programmes across all platforms over the month of September 2011 in the UK. The data showed that newer technology, which is increasing in usage, helped to drive the number of requests, with ... Read More »

Korean consumer electronics giant Samsung Electronics this week celebrated two major milestones for its HDTV-based app store, Samsung Apps. The application store for Samsung’s internet-connected Smart TV displays has now reached the first landmark of having one thousand registered apps, and a second even more impressive achievement of smashing through the ten million download barrier. Samsung Smart TV app store ... Read More »