TWICE News

• U.S. PC Sales Beat Expectations
  
  By Doug Olenick, July 17, 2003
  New York - International Data Corp. and Gartner Dataquest reported PC shipments were better than expected for the U.S. and worldwide markets for the second quarter with Dell retaining the top spot in from both research firms.
  
• Sears Q2 Retail Income Drops, Sales Flat
  
  By Jeff Malester and Alan Wolf, July 17, 2003
  Hoffman Estates, Ill. - Sears reported second-quarter operating income in its retail and related services segment reached $183 million, down from $300 million in the year-ago period, due primarily to clearance activity.
  
• Thomson, LG Team Up On Plasma Development
  
  By TWICE Staff, July 16, 2003
  Paris - Thomson and LG Electronics have agreed to join R&D resources on plasma display technology.
  
• Samsung Updates AV Plans
  
  By Joseph Palenchar and Greg Tarr, July 16, 2003
  New York - Samsung disclosed plans for late-August shipment of its first TiVo-enabled DirecTV decoder, September shipments of its first HTiB system to use three front speakers to create a 5.1-channel soundfield, and its second Klipsch/Samsung co-branded system.
  
• Samsung Updates AV Plans
  
  By Joseph Palenchar and Greg Tarr, July 16, 2003
  New York - Samsung disclosed plans for late-August shipment of its first TiVo-enabled DirecTV decoder, September shipments of its first HTiB system to use three front speakers to create a 5.1-channel soundfield, and its second Klipsch/Samsung co-branded system.
  
• SpeakerCraft Gets New Owner
  
  By Joseph Palenchar, July 16, 2003
  Riverside, Calif. - SpeakerCraft got its second new owner in a little more than three years.
  
• Sampo Launches Sub $500 DVD Recorder
  
  By Greg Tarr, July 16, 2003
  City of Industry, Calif. - Sampo announced in Taiwan plans for its DV-R1 DVD recorder based on the DVD+RW recordable disc format.
  
• Charter Orders 100K Motorola HD Cable PVRs
  
  By Greg Tarr, July 16, 2003
  Horsham, Pa. - Motorola announced that cable TV multi-system operator Charter Communications has ordered 100,000 high-definition-enabled digital set-top decoder boxes.
  
• Hughes Q2 DirecTV Sales Soar
  
  By Jeff Malester, July 16, 2003
  El Segundo, Calif. - Continued strong subscriber growth and higher average revenue per subscriber were the primary reasons for a 16.2 percent increase in second quarter revenue at DirecTV U.S., the satellite TV service segment of Hughes Electronics' direct-to-home broadcast division.
  
• Sears Sells Credit Biz To Citigroup
  
  By Alan Wolf, July 16, 2003
  Chicago - Five months after putting its credit business on the block, Sears found a buyer in Citigroup, which paid $3 billion in cash for the portfolio.
  
• Hartford Computer Buys Argus
  
  By Greg Scoblete, July 16, 2003
  Elk Grove Village, Ill. - The Hartford Computer Group acquired Argus Camera on July 14 for an undisclosed sum.
  
• Best Buy Opening 2nd Manhattan Store
  
  By Alan Wolf, July 16, 2003
  New York - Best Buy will open its second store in Manhattan on July 18.
  
• Best Buy Opens 2nd Manhattan Store
  
  By Alan Wolf, July 16, 2003
  New York - Best Buy will open its second store in Manhattan on July 18.
  
• Motorola Q2 Handset Segment Sales Slide 13%
  
  By Jeff Malester, July 16, 2003
  Schaumburg, Ill. - Motorola reported a decrease in sales, operating earnings and shipments in its personal communications segment in the second quarter.
  
• SanDisk Enters “Key Chain” USB Drive Market
  
  By Greg Scoblete, July 15, 2003
  Sunnyvale, Calif. — SanDisk announced today that it is entering the USB flash drive market with the introduction of the Cruzer Mini.
  
• Panasonic Unveils Flagship DVD Recorder
  
  By Greg Tarr, July 15, 2003
  New York - Looking to maintain its commanding U.S. market share position in DVD recording decks, Panasonic announced a new flagship fourth-generation DVD recorder, which adds a massive 120GB hard drive for personal video recording.
  
• Panasonic Unveils Flagship DVD Recorder
  
  By Greg Tarr, July 15, 2003
  New York - Looking to maintain its commanding U.S. market share position in DVD recording decks, Panasonic announced a new flagship fourth-generation DVD recorder, which adds a massive 120GB hard drive for personal video recording.
  
• Sony Ericsson Q2 Sales Climb 18%
  
  By Jeff Malester, July 15, 2003
  Tokyo - Mobile phone maker Sony Ericsson enjoyed an 18 percent rise in sales during the second quarter, hitting $1.3 billion, up from $1.1 billion in the second quarter of 2002.
  
• Maytag Q2 Appliance Segment Sales Dip 2.7%
  
  By Jeff Malester, July 15, 2003
  Newton, Iowa - Second quarter declines in sales volume and pricing of floor care products pulled overall sales in the home appliances segment at Maytag down 2.7 percent, to $1.09 billion, from $1.12 billion in the year-ago period.
  
• Maytag Q2 Appliance Segment Sales Dip 2.7%
  
  By Jeff Malester, July 15, 2003
  Newton, Iowa - Second quarter declines in sales volume and pricing of floor care products pulled overall sales in the home appliances segment at Maytag down 2.7 percent, to $1.09 billion, from $1.12 billion in the year-ago period.