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Sony is doing booming business in India, dominating in flat-panel TVs and digital cameras, and is in good shape to keep growing in coming years, a top executive said Friday.
Samsung Electronics said Thursday it expects to sell up to 10 million 3-D TVs this year and vigorously defended the technology behind its lineup amid intensifying competition with rivals including LG Electronics.
LG Electronics says competition is heating up in the global battle to woo viewers to 3-D TVs and the South Korean company thinks it has an edge.
Samsung Electronics, the world's largest manufacturer of computer memory chips and flat screen televisions, said net profit rose 13 percent in the fourth quarter amid higher sales of semiconductors and smartphones as the technology giant rounded out a record year for earnings and revenue.
LG Electronics reported its first quarterly loss in nearly two years as prices for flat screen televisions fell and devices like the iPhone provided stiff competition for its mobile phone business.
Verizon Communications Inc. on Tuesday said it attracted more than half a million smart-phone subscribers in the latest quarter, showing strength even before it starts selling the iPhone in February.
To fight dwindling camera sales, manufacturers are slashing prices for point-and-shoots _ often below $100 _ and offering more features for the money.
LOWER PRICES: Camera makers unveiled dozens of point-and-shoot cameras at the International Consumer Electronics Show, the largest gadget show in the U.S. Many debuted cameras priced at $100 or lower, some offering features typically found on higher-end cameras, such as high-definition movie recording.
TV makers are blaming disappointing sales of 3-D TVs last year in part on the bulky glasses they came with. They're trying to tackle that this year by introducing sets that work with lighter, cheaper glasses of the kind used in movie theaters.