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Most TV manufacturers may have given up on plasma technology, but the public has not.
Shipments of plasma sets jumped nearly 30% worldwide last year, to 19.1 million from 14.8 million the year before, according to research firm DisplaySearch.
The reason: price.
Plasma sets are “the most affordable large flat-panel TVs for many consumers,” said DisplaySearch in releasing its survey Thursday.
The Justice Department said Thursday that Panasonic and Embraco, a Whirlpool subsidiary, are being fined more than $140 million for price fixing refrigerator parts. Get the full story »
Sony Corp. lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.
Rivals Panasonic Corp. and Sharp Corp. also reported profits for April-to-June versus losses a year ago, while Panasonic joined Sony in upgrading its forecast as both cashed in on growing sales in emerging markets. Get the full story »
