BUSINESS
September 10, 2009 | Bloomberg News
Samsung Electronics Co. of South Korea, the world's largest maker of liquid-crystal display televisions, may be barred from selling TVs and computer monitors in the U.S. after losing a patent case filed by Japanese rival Sharp Corp. The U.S. International Trade Commission in Washington said Wednesday that Samsung violated Sharp's patent rights and ordered both sides to submit arguments on whether an import ban should be imposed. In a notice on its website, the agency said it wanted to consider the effect of a ban on "competitive conditions in the U.S. economy."
BUSINESS
March 28, 2012 | Alex Pham
Sony Corp. unveiled a top-level organizational shake-up that signals key shifts in the Japanese company's priorities in consumer electronics as incoming Chief Executive Kazuo Hirai works to turn around massive losses. Hirai, promoted a month ago to replace Howard Stringer as the company's top officer effective Sunday, has restructured the electronics business around three "pillars": mobile, games and digital imaging. As of Sunday, the new mobile group will include both Vaio laptops and the Sony Ericsson cellphone business, while the games segment will include all PlayStation products.
BUSINESS
December 24, 2010 | By Nathan Olivarez-Giles, Los Angeles Times
In just under eight years, Vizio Inc. has gone from a no-name brand to the nation's top seller of LCD televisions. Now the Irvine company has set its sights on becoming the largest consumer electronics company as it quietly rolls out such home entertainment gadgets as speakers, Blu-ray players, headphones and even Internet routers. FOR THE RECORD: Vizio: An article in the Dec. 25 Business section about TV maker Vizio Inc.'s branching into other types of consumer electronics said that most of the company's 300 employees work in sales.
BUSINESS
February 21, 2009 | Alex Pham
Oops, Vizio Inc. did it again. The scrappy Irvine television company caused heads to turn when it became the No. 1 supplier of flat-panel sets during the second quarter of 2007, much to the dismay of more established players such as Sony Corp. and Samsung Electronics Co. At the time, Vizio, led by industry veteran William Wang, was able to exploit a lull in shipments by the two electronics giants as they prepared inventory for the more important second half of the year.
BUSINESS
October 14, 2009 | Marc Lifsher
The influential lobby group Consumer Electronics Assn. is fighting what appears to be a losing battle to dissuade California regulators from passing the nation's first ban on energy-hungry big-screen televisions. On Tuesday, executives and consultants for the Arlington, Va., trade group asked members of the California Energy Commission to instead let consumers use their wallets to decide whether they want to buy the most energy-saving new models of liquid-crystal display and plasma high-definition TVs. "Voluntary efforts are succeeding without regulations," said Doug Johnson, the association's senior director for technology policy.
BUSINESS
April 11, 2008 | Jim Puzzanghera, Times Staff Writer
As broadcasters prepare for the government-ordered switch to digital television next year, federal regulators sent their own signal Thursday: Retailers and manufacturers face stiff penalties if they try to take advantage of consumer confusion. The Federal Communications Commission announced plans to levy more than $3.9 million in fines against seven major retailers, including Sears Holdings Corp., Wal-Mart Stores Inc. and Circuit City Stores Inc.