Topic: Consumer Electronics Sector

MGM could go it alone if bids disappoint: sources

NEW YORK (Reuters) - Storied Hollywood studio Metro-Goldwyn-Mayer may opt for a stand-alone plan if bids disappoint, and creditors are expected to meet early next week as the company sifts through expected offers, sources said. The studio, struggling with $3.7 billion of debt, said in November it was exploring a ...
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Samsung, LG see growth, but know rivals are catching

SEOUL (Reuters) - Technology powerhouses Samsung Electronics and LG Electronics reinforced market optimism that strong demand recovery is in place, while cautioning that competition from global rivals is heating up. The comments from Samsung, the world's top maker of LCD flat screens and memory chips and the No.2 mobile ...
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Corning shares edge higher after upgrade

Corning shares edge higher after upgrade; Thomas Weisel cites improving LCD TV demandCorning Inc. shares edged up Thursday after an upgrade from Thomas Weisel Partners, which cited healthy demand for the LCD televisions that use Corning glass. Thomas Weisel's Ajit Pai raised his rating on the stock to "Overweight ...
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Sanyo sets up solar parking lots for electric bikes

Japanese electronics giant Sanyo said Tuesday it had opened two "solar parking lots" in Tokyo where 100 electric hybrid bicycles can be recharged from sunlight-powered panels. The system uses lithium-ion batteries to charge 100 of Sanyo's "eneloop" bikes, with enough power left over to also illuminate the parking lot ...
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