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TOKYO (Reuters) - 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-June versus losses a year ago, while Panasonic joined Sony in upgrading its forecast as both firms cashed in on growing ...

TOKYO (Reuters) - Sony Corp <6758.T> surprised investors by lifting its annual outlook after returning to the black in the first quarter thanks to improved demand for Bravia flat TVs and PlayStation 3 game consoles. Rivals Panasonic Corp <6752.T> and Sharp Corp <6753.T> also reported profits for April-June, compared with losses a year earlier, underscoring healthy consumer demand for LCD televisions, PCs and other ...

SEOUL (Reuters) - Samsung Electronics <005930.KS>, the world's No.1 memory chipmaker, warned of weaker margins and profit growth after posting record quarterly earnings, as prices of chips and flat screens drop and smartphone competition grows. Chairman Lee Kun-hee, 68, the country's richest and most influential businessman, faces a tough challenge to maintain the group's momentum as rivals, such ...

Panasonic, Japan's biggest home appliance maker, returned to profit in its latest quarter and raised full year forecasts amid stronger sales of products from air conditioners to flat-panel TVs. Panasonic Corp. reported Thursday that April-June profit totaled 43.7 billion yen ($502 million), a reversal from a 53 ...

Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works in a move costing up to $9.4 billion to strengthen green businesses such as electric cars and solar panels. Panasonic Corp., Japan's biggest consumer electronics maker, said ...

The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first walk and weddings, all in 3-D. Numerous global electronics companies are racing 3-D televisions into the shops, hoping a revival of interest ...

Japanese electronics giant Panasonic Corp. on Wednesday unveiled what it says is the world's first consumer camcorder to allow anyone to record in three dimensions using a special lens. The electronics giant, which earlier launched a 3D camcorder for professional use, said its HDC-SDT750 camcorder, to be launched on August 20 in Japan, would allow "anyone to create powerful ...

Japan's Sony is likely to have swung back to the black in the first quarter with operating profit reaching 30 billion yen (342 million dollars) due to aggressive cost-cutting, a report said Monday. That would compare with a 25.7-billion-yen loss in the same April-June period last year and represent the first profit in two quarters, the Nikkei business ...

Taiwan's leading supplier of flat-panel TV screens, Chimei Innolux Corp, Wednesday filed a lawsuit in the US against Sony, accusing the Japanese company of patent infringement, Chimei Innolux said. The lawsuit filed at an Arkansas district court of the United States seeks to "halt the sale and demand compensatory damages over a wide range of Sony products that infringe ...

Lady Gaga is lending star power to Polaroid and the MIT Museum. The pop star known for her outlandish wardrobe posed Wednesday for a Polaroid at the museum run by the Massachusetts Institute of Technology. In January, she was given the title of creative director for the ...