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Posts Tagged ‘Samsung’

Chiefs of Samsung and Sony to meet

In Uncategorized on May 17, 2010 at 9:01 am

SEOUL, May 17, 2010 (AFP) – Samsung Electronics chairman Lee Kun-Hee is to meet his counterpart from Japan’s Sony Corp in Seoul next week, officials at the Korean company said Monday.

Lee will meet Howard Stringer on May 24 at Samsung’s reception house in central Seoul, a Samsung Electronics spokesman said without disclosing agenda details.

(AFP FILES) Employees walk past a sign outside Samsung Electronics in Suwon, south of Seoul, 24 February 2005.

The Asian electronics giants have worked together since the 1990s in the semiconductor and liquid crystal display (LCD) fields.

In 2004 they established a joint venture, S-LCD, in South Korea to jointly produce LCD panels mainly used for televisions.

The Maeil business newspaper said Stringer is expected to ask for an increase in the supply of LCD panels from Samsung.

It said both sides would also discuss ways to improve collaboration in other business areas including 3D technology.

Samsung is likely to face greater competition this year from Japanese TV makers as they vie for a share of the nascent 3D TV market.

Source: SGGP

Samsung, Avatar director team up to produce 3D content

In Uncategorized on May 14, 2010 at 8:52 am

South Korea’s Samsung Electronics and “Avatar” director James Cameron on Friday announced a deal to work together to boost 3D television content.

Under the agreement, Cameron and his crew will make 3D footage of music videos featuring South Korean pop stars that will be used by Samsung to help promote the sale of its 3D televisions worldwide.

Cameron’s 3D blockbuster “Avatar” started a 3D wave in the movie industry and is the world’s highest grossing movie, earning 2.8 billion dollars in ticket sales so far.

Samsung, the world’s largest maker of flat-screen televisions, said it may raise this year’s sales target for 3D TVs given the growing demand.

South Korea’s Samsung Electronics and Avatar director James Cameron (pictured) on Friday announced a deal to work together to boost 3D television content

Early this year it targeted around two million sales.

“Demand for 3D TVs is very strong, but the supply is falling short of such a strong demand due to panel shortages. But there is a possibility that the initial two-million sales target may be raised,” Yoon Boo-keun, president of the company’s visual display division, told a news briefing.

On Thursday Cameron told a forum that lack of content was the biggest hurdle to 3D televisions.

The thousands of hours of content which would be needed “will require a revolution in the way TV is produced,” he said.


Source: SGGP