Display Alliance News 10.2.2010

LG Display Takes ‘Worlds Thinnest Bezel’ Title From Samsung
geeky-gadgets.com- LG has just unveiled its latest display that boast the worlds thinnest bezel. Taking the title from Samsung. The new LG 37 inch LCD Panel has a gap between the panels from just 4 mm left/right 1.5 mm, top/bottom 2.5 mm. Click here to read more..

Shocker! Kids spending too much time in front of TV screens, too little in loving parents' embrace
engadget.com- Not that anyone really needed to have this spelled out, but America's tots are apparently spending too much time in front of the telly tubes. The latest study, conducted by the Seattle Children's Research Institute and the University of Washington, finds that children under the age of five are spending 4.1 hours of each day watching movies or TV, doubling the recommended maximum of two hours a day. Click here to read more..

Display market must step cautiously about backlit LED TVs
techeye.net- Although some are claiming that the LED blacklit market is rosy, analysts have warned that manufacturers must be cautious. They have warned that the success of this market next year depends on "LED backlit TV set price reductions." Epistar claimed that LED-backlit TV market penetration would increase to 40 percent in 2011 from 20 percent in 2010. It said it planned to ramp up capacity by 30 percent in 2011 after already raising its capacity by 30-40 percent in 2010. Goksen Sertler, senior TV analyst at Meko, warned that the LED market could have a tough year as competition heats up and old stock remains due to high prices. Click here to read more..

Corning Posts Weak Q3, As Expected
zacks.com- Corning Inc’s (GLW - Analyst Report) third quarter 2010 results were disappointing, with earnings missing the Zacks Consensus Estimate by 2 cents (4.0%) and revenue missing by 1.5%. However, shares were down a mere 0.22%, since investors were already on their guard, following press reports about the inventory correction in the LCD TV market. Click here to read more..

LCD TV companies see falling prices
cedmagazine.com- Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S. and other developed markets. The forecasts trickled out as Asian electronics manufacturers reported earnings for the most recent fiscal quarter. On Thursday, Sharp of Japan slashed its earnings forecast for the fiscal year, which ends in March, saying it had to adjust its production of LCD panels in the most recent quarter to respond to a sharp decline in demand for the large-size panels. Also Thursday, South Korea's LG Electronics said strong sales of LCD TVs, particularly in emerging markets, helped push its home entertainment segment revenue up 9 percent – but its operating income sank by about 52 percent . The company said it expects price erosion in its TV business will eat into earnings in the fourth quarter. Click here to read more..