Author Archives: Richard Carlton

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Demand For 3D LCD Panels Helps LG Display Shrink Losses

Last week saw flat panel manufacturer LG Display post its quarterly results for the final three months of 2011. The figures revealed that the company had seen its second straight quarterly net loss resulting from weak demand for large-screen HDTV displays, which has stemmed from the ongoing difficult financial climate. The drop in demand for larger TVs also saw LCD ... Read More »

CEDIA Home Technology Event Cancelled Due To Low Signups

It has been announced that the Home Technology Event that was due to take place in London later this year has been cancelled by organisers due to a lack of industry support. The event – which was set to take place from the 29th to the 31st of May 2012 at the ExCel exhibition and conference centre in London Docklands ... Read More »

Comet’s Like-For-Like Sales Down 14.5% Over Xmas: Kesa

With many shoppers finding themselves with limited funds in 2011, and with no sign of anything improving in the coming months, many of them avoided buying large-ticket items such as HDTV displays over Christmas, and this has led to Europe’s third largest retailer of electrical goods announcing a drop in sales over the festive period. Comet’s like-for-like sales down 14.5% ... Read More »

Amazon’s LoveFilm Instant App Lands On LG Smart TVs

LoveFilm, the movie rental company which was taken over by Amazon last year, announced this week that access to its streaming video service known as LoveFilm Instant will be made available on LG’s Smart TV range, following an agreement between the two companies to work together. The latest deal between LG and Amazon means that users in the UK who ... Read More »

Dixons Saw 7% Drop In Like-for-Like UK Sales Over Xmas

Given the financial climate and the money issues that many people had to cope with last year, a slow festive season in terms of retail sales – especially when it comes to high-ticket items such as HDTV displays and other household electrical appliances – was pretty much expected in the UK. Following Christmas and New Year, retailers were quick to ... Read More »