2011-12-09

Samsung Ruled TV Market with Record High Sales in November, Optimistic about Meeting 2011 Target

Samsung Electronics Co., the world’s leading TV brand vendor, stated on Dec. 7 that its TV sales hit a record high of 5.7 million units in November, spurred by the high U.S. sales during the Thanksgiving weekend. According to Samsung’s statement, due to that the sales went up 14% in November from 5 million units in October, the company is certain to secure the number 1 spot for all of 2011. Also, the company said in the statement that it was optimistic about the prospects of meeting its 2011 flat-screen TV sales target of 45 million units. In fact, Sams...
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ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE