Daewoo Sale Chances Fading
The much-hyped $3.2 billion sale of most of the assets of Daewoo Electronics to the little-known California investment firm, Walid Alomar & Assoc., seems...
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The much-hyped $3.2 billion sale of most of the assets of Daewoo Electronics to the little-known California investment firm, Walid Alomar & Assoc., seems...
It was back in 1940 or ’41 — you’ll excuse the vagueness but I was only a small boy at the time — when...
Negotiations for the $3.2 billion sale of most of the manufacturing assets of Daewoo Electronics to the Walid Alomar & Associates investment group have...
Marking an apparent end to on-going talks with the Philips/Pioneer/Sony group, Time-Warner and a group of Japanese manufacturers have set up their own DVD...
Gearing up to meet market de-mand for large-size picture tubes (31″-&-over), both Thomson Consumer Electronics and Matsushita America are expanding their North American production...
The future of Vidikron Technologies Group (VTG) as a going concern is up in the air, and its board is scheduled to meet tomorrow...
Those who think digital color TV receivers are a brand new high-tech phenomenon have another thing coming. The first all-digital signal processing sets were...
The industry’s TV retailing pioneers haven’t all retired from the scene. There’s at least one still going strong: Ken Crane, the founder of the...
On the heels of Zenith’s emergence from Chapter 11 as a wholly owned subsidiary of Korea’s LG Electronics, president/CEO Jeffrey Gannon has resigned and...
NEW YORK — Unit sales of optical media will rocket through the 10 billion mark worldwide in 2000, hitting 10.3 billion units, a hefty...
Richmond, Va. — Circuit City executives cited new technology as the driving factor behind the company’s 4 percent rise in sales in its second...
NEWTON, IOWA — Citing critical disruptions of major appliances in the retail marketplace, Maytag Corp. said it expects second-half financial results to be lower...
RICHMOND, VA. — Total sales for the Circuit City Group rose 4 percent in the second fiscal quarter ended Aug. 31, reaching $2.51 billion,...
BENTON HARBOR, MICH. — Circuit City’s decision to abandon the major appliance category has come back to haunt one of the leading U.S. majap...
MINNEAPOLIS — Setting its sights on augmenting its competitive advantage in the coming months, Best Buy continues to whet customers’ appetites for more highly...
ROUND ROCK, TEXAS — Growth in sales to small-business customers worldwide has come up short of Dell Computer’s internal expectations. This slowdown, as well...
NEW YORK — Tweeter Home Entertainment Group expects that its custom home-installation business will add $800,000 to $1 million in sales to each of...
P>NEW YORK — Targus Group International Inc., parent company of storage products maker Targus Inc. has acquired Roundhouse Inc., the Rancho Dominguez, Calif.-based supplier...
Delray Beach, Fla. – Softer-than-expected comp-store sales in May and June took a toll on office products giant Office Depot. The retailer reported its...
DENVER — Significant growth in digital entertainment products helped elevate Ultimate Electronics to record profits for the second fiscal quarter ended July 31. The...
Apple won a six-month court battle last month and stopped computer vendors eMachines and Future Power from marketing computers with industrial designs that mimic...
The growing threat posed by the Internet to home PCs has prompted Symantec to introduce the Norton Internet Security software suite. The title, expected...
The eight-year growth streak experienced by home computers may slow slightly next year, but data from the Consumer Electronics Association (CEA) still shows the...
Panasonic, Hitachi and Philips’ tactics for 4.7GB rewritable DVD drives will follow distinctly different paths next year, with the former two companies pushing DVD-RAM...
Panasonic’s plans for PC and consumer video DVD-RAM products has the company’s first 4.7GB drives in both categories slated to start shipping mid 2000,...
Cellular phone specialty chain Let’s Talk Cellular and Wireless filed for Chapter 11 protection today stating that it had exhausted its working capital and...
The nascent consumer demand for LCD desktop monitors has come to a crashing halt due to massive price increases that have taken place in...
Iomega is hoping its new ZipCD CD-RW drive will carve out a place in the crowded rewritable drive market and re-energize the company, which...
Sony has introduced PSone, a handheld version of its PlayStation game console, and will license the microprocessor technology for PlayStation 2. Published reports say...
Compaq today introduced the Presario 5861, its first PC to use the new AMD Athlon processor. The Presario 5861 will be available in about...
The DVD+RW format took two severe blows last week when Hewlett-Packard and Sony gave notice that they would not begin shipping product this year...
NEW YORK — Sony will take the floppy diskette-based Mavica digital camera to the next technological level this summer when it ships a camera...
Hewlett-Packard today expanded its digital camera line with the introduction of the PhotoSmart C912 and C618. Both cameras, slated to ship late this summer,...
Low cost PC-maker eMachines and FreePC today signed a definitive agreement to merge. Financial details of the deal were not disclosed, but FreePC shareholders...
Microsoft weathered the initial blow to its stock this morning and by mid-day has recovered about half the loss it suffered at the opening...
New York — Compaq has expanded its iPAQ product family into the Internet device arena and is considering pushing the line further away from...
Actiontec fleshed out its home-networking kit line at Comdex with the introduction of the ActionLink 10Mbps home networking kit. The phoneline-based product is expected...
NEW YORK — The 18th annual PC Expo will kick off tomorrow at the Jacob K. Javits Convention Center here, with 85,000 attendees expected...
NEW YORK — Windows Millennium (Me) sales during its first full week on the market topped 260,000 units, considerably slower than the initial sell...
Today at RetailVision, Intel launched three new home-networking products, including two wireless models that can tie a notebook computer into a home network. The...
New York — Canon USA presented a sneak peek of several product prototypes, including a digital camera with a built-in Bubble Jet printer, during...
Newcomers to PCs and the Internet are more comfortable shopping online then veteran computer users, according to a study by The NPD Group. The...