Huge Loss & Management Dismissals Induce Sharp Pain at Sharp Corp.

Sharp Corp. announced this week the worst net loss in its long corporate history for the fiscal year that ended March 31, 2013. Booking a net loss of ¥545.35 billion ($5.4 billion), the company has aggressively moved to shake up … Continue reading

Onkyo Forges Global ‘Strategic Collaboration’ with Imagination Technologies Group

Out of Tokyo, Japan this past Monday came word of a new global strategic collaboration between Onkyo Corporation, U.K.-based Imagination Technologies Group, and Imagination’s consumer division known as Pure. A global technology creator, Imagination Technologies Group largely focuses on multimedia, … Continue reading

Can Sharp Survive? Company’s Performance ‘Raises Serious Doubts About [Our Ability] to Continue’

Last week, we reported on a rumor out of Japan that Sharp Corp. was about to report a dismal interim net loss that was much worse than anticipated. This Wednesday, Sharp confirmed those rumors announcing an interim (Apr-Sept) operating loss … Continue reading

After Surprising Analysts with Initial Downgraded 2012 TV Sales Forecast, Sony & Sharp Stun Again with Deeper Cuts

The Nikkei Reported today that both Sony Corp. and Sharp Corp. have further reduced their original  forecast for fiscal year 2012 flat-panel HDTV sales in the wake of a worldwide slowdown in demand. The move surprised analysts, as both companies … Continue reading

After 62 Years, New Jersey’s M. Rothman & Company Sold to Z. Reiss

>BREAKING NEWS< In news that is likely yet another indicator of the depths of the struggles of the consumer electronics industry, M. Rothman & Company, Inc. – a large consumer electronics distributor based in Ramsey, New Jersey and a one-time … Continue reading

CEA Line Show Next Gen TV Panel Talks Tech, Specialty Retail, and Apple iTV

At last month’s 2012 CEA Line Show in New York City, tucked amongst the many manufacturer’s press conferences was a variety of panels discussing what the CEA purported to be today’s top issues. One such panel, the Next Gen TV … Continue reading

TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report … Continue reading

Samsung & LG Outline Aggressive TV Biz Growth Plans

<February 8, 2012> Samsung Electronics Co. and LG Electronics, Inc. plan to launch aggressive expansion of their flat panel television divisions in 2012, according to a new report in the Nikkei. And these aggressive plans contrast sharply with those of … Continue reading