<February 8, 2012> Samsung Electronics Co. and LG Electronics, Inc. plan to launch aggressive expansion of their flat panel television divisions in 2012, according to a new report in the Nikkei. And these aggressive plans contrast sharply with those of Japanese television manufacturers, who are looking for ways to cut their overhead in a search for profitability. [Read more…] about Samsung & LG Outline Aggressive TV Biz Growth Plans
Nikkei
Though Ink Not Yet Dry on Gibson Deal, Onkyo Launches Another Partnership with Teac
<January 22, 2012> Just days after news reports of the formation of a strategic partnership between Osaka, Japan-based Onkyo Corporation and Nashville, Tennessee-based Gibson Guitar Corporation – a new report by the Nikkei says that Onkyo has now formed yet another new strategic partnership with Teac Corporation. While details are sketchy, apparently the two reached an agreement this past Friday, January 20th. [Read more…] about Though Ink Not Yet Dry on Gibson Deal, Onkyo Launches Another Partnership with Teac
End of an Era, Onkyo Halts Production of Loudspeakers in Japan
<January 22, 2012> On Thursday, the Nikkei said it had learned that Onkyo Corporation has decided to cease production of loudspeaker systems in Japan. This decision ends several decades of domestic production of a product category in which Onkyo not only had a great reputation for quality, but also leading market share. [Read more…] about End of an Era, Onkyo Halts Production of Loudspeakers in Japan
More Details Emerge on Unique Gibson Guitar & Onkyo Partnership
<January 4, 2012> Only hours after the initial announcement this morning that Gibson Guitar Corporation and Onkyo Corporation will partner with mutual investments and the creation of a joint venture (JV) for product acquisition and marketing – new details of the deal are emerging. Also, the Japanese stock market has reacted to the deal driving up the value of Onkyo stock. [Read more…] about More Details Emerge on Unique Gibson Guitar & Onkyo Partnership
Sony Decides to Stop Sleeping With the Enemy; Breaks Off Samsung Partnership
<December 28, 2011> Multiple reports from The New York Times, Reuters, the Nikkei and others say that
Sony Corp. has decided to pull out of its joint venture with Samsung called S-LCD Corp. Launched in 2004, the JV manufactured LCD TVs in South Korea for both partners and was Sony’s attempt to catch up with the rest of the industry after its disastrous decision to stay with analog sets as everyone else turned to flat panels. [Read more…] about Sony Decides to Stop Sleeping With the Enemy; Breaks Off Samsung Partnership
