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Samsung Will Destroy All 4.3 Million Galaxy Note 7s

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Company Makes Painful But Pragmatic Decision

Samsung logoSamsung Electronics is in the process of recalling their recently launched Galaxy Note 7 smartphone that came with the unusual feature of self-immolation included at no additional charge. The company’s initial production run was 2.5 million units. Then, trouble ensued and the company ceased production of that version. This was followed by the production of another 1.8 million “fixed” versions. Now…they are all recalled and the model has been cancelled.

What is Samsung going to do with 4.3 million defective smartphones? Destroy them… [Read more…] about Samsung Will Destroy All 4.3 Million Galaxy Note 7s

Panasonic Going Global With…Wait for It…OLED TV

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Is Panasonic Back in the Consumer TV Business?

Photo of Panasonic OLEDPanasonic Corp., in a sharp departure from its previous TV strategy, launched an OLED TV in Europe last fall, using panels procured from LG. At the IFA 2016 show in Berlin that just wrapped up this week, Panasonic announced that they would start making their OLED TVs available in other markets, starting next year.

This is a big announcement.

See more on this new player in the OLED game… [Read more…] about Panasonic Going Global With…Wait for It…OLED TV

Sharp in Negotiations to Buy Back Building Sold Only Months Ago

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New Owner’s Moves Continue to Confound the Japanese Media

Graphic of Sharp's LogoNews comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.

See more on this new course reversal from Sharp’s new managers… [Read more…] about Sharp in Negotiations to Buy Back Building Sold Only Months Ago

Promoters of 8K Broadcasting in Japan Admit They’re Getting Pushback

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8K Super Hi-VisionA consortium of companies in Japan, including large public broadcaster NHK, this month began testing a broadcast system of 8K TV signals via broadcast satellite (BS) channels. This test of an 8K broadcast system has been in the works for a couple of years now, as the country races to prepare for Ultra High Definition broadcasting of the upcoming Tokyo Olympics in 2020.

But promoters of the system admit they are getting significant pushback. Why? Read on to see what the detractors are saying.

See who is pushing back and what they say are significant and unaddressed concerns…. [Read more…] about Promoters of 8K Broadcasting in Japan Admit They’re Getting Pushback

Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz

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Photo of Sharp solar panelSharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.

See more on this major planning flip-flop by Sharp… [Read more…] about Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz

LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

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LeEco logoLe Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.

See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

LCD Kingpin Sharp, Under New Management, Pursues OLED

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Sharp to Cut Another 7,000 Employees

Foxconn logo

Big changes are coming to Sharp, Corp. in the wake of their acquisition by Hon Hai Precision Industry Co – better known as Foxconn. News out of Japan notes that the deal between Sharp and Foxconn officially closes at the end of this month. According to both parties, the acquisition is proceeding smoothly and is fully expected to close on time.

But Foxconn has big plans for big changes at Sharp… [Read more…] about LCD Kingpin Sharp, Under New Management, Pursues OLED

In Search of Profits, Panasonic Pulls Out of LCD Panel Production

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Panasonic LogoIn yet another sign of Japan’s struggle with the flat panel TV business, Panasonic Corp. will stop all LCD panel production at its last such factory. Reports out of Japan say the company has determined that competition from Korea and China will forever preclude it from earning a profit in the panel production business. Many in Japan suggest that this news represents the end of an era of Japanese dominance in the TV business.

But is Panasonic pulling out of the TV business?… [Read more…] about In Search of Profits, Panasonic Pulls Out of LCD Panel Production

Oh-Oh! In Wake of Sharp Purchase, Foxconn’s Orders are Dropping

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Terry Gou w/agreement

The ink was barely dry on their $3.5 billion dollar acquisition of troubled Japanese giant Sharp Corp., when Foxconn’s CEO Terry Gou was forced to admit that overall orders for goods produced by the Taiwanese OEM manufacturer are dropping. Gou was essentially pressed to make the admission by China’s Premier Li Keqiang on Tuesday.

What factors pushed Gou to say this? See more below… [Read more…] about Oh-Oh! In Wake of Sharp Purchase, Foxconn’s Orders are Dropping

8K is On the Way, Following Successful Tests in Japan

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8K Super Hi-VisionWe first told you about 8K, called UHDTV then, way back in this report in 2012. Now known as Super Hi-Vision or UHD-2, 8K is looking more like a reality than ever before. Two of Japan’s three largest mobile carriers say they are on track to deliver 8K signal delivery by the 2020 Olympics, scheduled to take place in Tokyo. Both KDDI and NTT Docomo have successfully tested 8K signal delivery systems as part of their preparations for 8K video broadcasting in association with the Olympics.

While the U.S. focuses on 4K, Japan pushes the innovation envelope… [Read more…] about 8K is On the Way, Following Successful Tests in Japan