LG.Philips hits record, outlook bright
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Flat screen maker LG.Philips LCD Co Ltd  reported its highest ever quarterly profit on Monday, rebounding from a year-ago loss, and predicted 2008 profitability would improve from 2007.
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Philips Electronics   said on Monday its second-quarter operating earnings rose 22  percent and said it was on track for meeting its sales and  profit margin targets.
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Leading electronics maker Sharp said interim net profit rose 40.7 percent to a record high on robust sales of liquid crystal display TVs and camera-equipped cellphones but it cautioned on the outlook due to the possible impact of high oil prices on global economic growth.
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Sony Corp. (6758.T) swung to a  better-than-expected quarterly operating profit on Thursday,  propelled by robust sales of flat TVs and gains from mobile  phone joint venture with Ericsson (ERICb.ST), and raised its  annual forecast by 30 percent.
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Investor's Business Daily - Philips Electronics  , Samsung and Sony   are among the big companies at this week's Consumer Electronics Show showing off products like HDTVs and mobile phones that emphasize style and elegance as differentiators.
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The world's number two LCD screen maker, LG Philips, sees profits slump as rising demand for flat screens is met with a production glut.
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South Korea's LG Electronics Inc.  swung to its highest quarterly net profit in three years, thanks to its LCD venture and mobile phone sales, but the outlook remains marred by its troubled plasma display business.
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Dutch electronic's giant Philips said Monday it had raised 980 million euros (1.45 billion dollars) from the sale of 800 million shares in the world's largest chip foundry, Taiwan Semiconductor Manufacturing Company (TSMC).
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SEOUL, Oct 19 Asia Pulse - LG.Philips LCD Co. (KSE:034220), the world&#39;s second-largest maker of liquid crystal display (LCD), said Tuesday it has developed the world&#39;s largest organic light emitting diode
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Shares in LG.Philips LCD Co Ltd  (034220.KS) surged on Friday on market talk Japan's Matsushita  Electric Industrial was buying a stake in the South Korean flat  screen maker, but both firms poured cold water on the talk.
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Tech stocks such as flat-screen maker LG.Philips drove Asian markets higher on Monday, while optimism about the Japanese economy lifted Tokyo shares and kept the yen at a five-year high against the dollar.
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(InfoWorld) - The experience of watching television or video clips on mobile phones may improve with a new screen being developed by LG.Philips LCD Co. The company has developed a new TFT-LCD (thin-film transistor-liquid crystal display) panel for mobile phones that has better response times than similar screens in use today, it announced Thursday. Faster response times help to eliminate the after-images and ghosting that can appear on LCD screens, leading to sharper, better quality video. The 2-inch display has a 16 millisecond response time, compared to 25 milliseconds for today's typical phone screen, LG.Philips said. The screen will be ideal for phones that can receive TV broadcasts or connect to broadband wireless networks for downloading videos. LG.Philips developed a different technology from that used in its notebook PC panels, to meet the power consumption demands of mobile phones. LG.Philips expects to start mass producing the new display this year. It came out of a new unit the company launched in January to develop smaller displays. That unit is now working on a display that uses IPS (in-plane switching), a technology typically used in larger displays that increases the viewing angle. Mobile phones need to be increasingly capable as operators upgrade their networks to offer higher-speed connections. The new services create a need for better screens, faster chips and more memory capacity. Just last week Samsung Electronics Co.Â said it had developed a new technology toÂ make screens on handheld devices brighter, even in broad daylight. It measures the ambient light available and adjusts the brightness of the screen accordingly. The technology is expected in handsets later this year. Â
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Philips Electronics beat expectations  with strong cash flow and fourth quarter earnings in most units  and unveiled a share buyback, but warned on Thursday that the  world economy made it cautious.
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South Korea's LG Electronics Inc.  swung to a profit in the second quarter as a turnaround in its LCD venture and strong mobile phone sales outweighed heavy losses in its plasma display business.
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Dutch electronics giant Philips Electronics NV is on an investment binge in the Philippines with its plan to infuse an additional $330 million to expand its production activity in the country.
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Flat screen maker LG.Philips LCD Co Ltd  reported its highest ever quarterly profit on Monday and predicted even better profits for 2008, but voiced concerns over a potential return to oversupply in early 2009.
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LG.Philips LCD Co., the world&#39;s second-largest maker of liquid-crystal displays, posted its first profit decline in five quarters after a glut of screens drove prices lower, a survey of analysts showed.