For flat-panel televisions, the choice for years has been between plasma and LCD. This year consumers will be offered another choice, at least if they are prepared to spend big.
LG Electronics Inc says it is planning to sell a 55 inch television based on organic light--emitting diodes (OLEDs). The South Korean company is set to show off its new product at the International Consumer Electronics Show (CES) in Las Vegas, which starts on Tuesday next week.
Samsung Electronics Co, will reveal a nearly market-ready OLED television at the show, according to three people with knowledge of the matter. They spoke on condition of anonymity because Samsung has yet to make an announcement. Its Web site says that CES announcements will be made on Monday.
Tim Alessi, director of home electronics development at LG’s US arm, said its product would likely go on sale in the fourth quarter of the year. The company declined to reveal the price.
Paul Gagnon, an analyst at DisplaySearch, estimates that OLED televisions would start out above US$5,000.
The screen technology is already in use in high-end smartphones and provides deeply saturated colors and high contrast. However, it has proven difficult to make larger screens with consistent results. In late 2007, Sony Corp started selling an 11 inch OLED television for about US$2,500, but did not follow that up with a larger model.
Since then, LG and Samsung have shown prototype OLED televisions at the annual CES show, but have yet to unveil any marketing plans.
Apart from providing improved picture quality, OLED televisions can be very thin. LG’s set will be 4mm thick and weigh 7.5kg.
Malaysia is scrambling to protect its assets as the descendants of the last sultan of the remote Philippine region of Sulu look to enforce a US$15 billion arbitration award in a dispute over a colonial-era land deal. In 1878, two European colonists signed a deal with the sultan for the use of his territory in present-day Malaysia — an agreement that independent Malaysia honored until 2013, paying the monarch’s descendants about US$1,000 per year. Now, 144 years later after the original deal, Malaysia is on the hook for the second-largest arbitration award on record for stopping the payments after a bloody incursion
RECOVERED CONFIDENCE: As market rationality returns, Taiwanese stocks that have lagged behind their US peers might soon catch up, Allianz researchers said Local shares last week defied heavy pressure from China’s military drills in waters around Taiwan, and investors this week are expected to pay attention to earnings results from several tech heavyweights as well as the latest economic data on exports and GDP. The TAIEX closed at 15,036.04 points on Friday, posting a weekly increase of 0.24 percent from 15,000.07 on July 29, Taiwan Stock Exchange data showed. Over the same period, the FTSE TWSE Taiwan 50 Index, which comprises Taiwan’s top 50 stocks in terms of market capitalization, closed up 0.93 percent at 11,750.15 points, while the Formosa Stock Index, which measures
Pharmaceutical start-up AcadeMab Biomedical Inc (研生生醫) said it has been developing a COVID-19 antibody drug, an endeavor not being undertaken by many other Taiwanese pharmaceutical firms. The company was spun off from Academia Sinica’s Institute of Cellular and Organismic Biology in 2020 and has only 16 employees. It has set its sights on the innovative field of the monoclonal antibody treatment of tumors. The start-up began developing antibody drugs in January, after seeing that COVID-19 vaccines could not effectively protect people from new variants of SARS-CoV-2, AcadeMab Biomedical chief strategy officer Pearl Fong (俸清珠) said in an interview with the Taipei Times
FORECAST EXCEEDED: China’s curbs on some Taiwanese goods are unlikely to affect trade given inter-reliance in the electronics industries, a finance ministry official said Exports last month spiked 14.2 percent to US$43.32 billion, the second-highest increase on record and the 25th consecutive month of gains, driven by global demand for electronics used in high-performance computing and vehicles, the Ministry of Finance said yesterday. The ministry expects the trend to sustain this month and beyond, although the pace could slow due to inventory corrections for laptops, smartphones and other consumer electronics. “The July results proved stronger than expected despite rising fears over economic uncertainty,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) said, adding that a high sales season in the West and stabilized COVID-19 infections in China
RSS