Vizio accounted for 14.3% of flat panel TV (LCD and
plasma) unit shipments in the US in the fourth quarter, up
3.11 points from the third quarter. Sony and Samsung Electronics declined
0.42 points and 0.62 points, respectively, during the same period. Sony’s
share declined to 13.5% in the fourth quarter. Samsung was number one, with a 20.2% share.
No. 4
Panasonic saw shipments rising 3.12
points to a 10.7% share. LG was fifth at 10.6%.
“Brands are finding it hard to survive in the current economic climate amid tough price competition,” iSuppli said, noting a shakeout among suppliers. “Olevia LCD-TVs are no longer available since the company filed for bankruptcy in 2008. Pioneer has announced its exit from the television market. During 2009, a few value brands will disappear from the market. The brands that survive will be the ones that either own or have very close ties with the LCD and plasma panel makers, allowing them to keep their costs."
ALPHARETTA, GA -- Assembléon next week will launch its MC (Modular Compact) Platform for high-quality, high-mix production during the Virtual PCB online trade show.
It is the first time an electronics equipment OEM is using this online event for a major product launch.
HONG KONG -- Foxconn International Holdings, part of Hon Hai, will lay off an unspecified number of employees and close certain plants, the company said today.
Plans to open a plant in Vietnam may be put on hold until the economy improves, the company also said, the Wall Street Journal is reporting.
ANAHEIM, CA – The electronics segment of the Electronics West show held at the Anaheim Convention Center earlier this month was small, covering perhaps three or four rows, only half applicable to electronics manufacturing. But overall, the show seemed really busy.
TOKYO -- Top Japanese electronics OEMs may soon find themselves in the midst of contentious disputes over pay to union workers, several published reports say.
The major unions presented a monthly pay hike offer of 4,500 yen to
management representatives today as part of Japan's annual spring labor-management wage
negotiations.
Corporate responses are due March 18, and it's not at all clear the unions will like them. Management at NEC, Hitachi Panasonic and others are seeking pay cuts, with Hitachi's top personnel affairs officer saying "talks on whether annual pay hikes
should continue are necessary."
NEC is proposing cuts in overtime pay and Toshiba plans to propose a temporary wage reductions as well, reports said.
ST. PETERSBURG — Just months after receiving millions of dollars in tax breaks and incentives as part of a controversial proposal to stay rooted here, Jabil has asked for a two-year extension on its plans for a new
headquarters. The state has not issued a statement on the request.
Last fall, Jabil negotiated some $34 million in incentives from local and state government in exchange for promises to invest some $50 million in the headquarters and increase its local employment. Jabil isn't eligible for the incentives until work on the headquarters is ready to start, according to reports.
Construction on the site was scheduled to begin this year, but facing lower revenues, Jabil asked for the extension, local papers are reporting. Per the agreement, Jabil may make a request for a delay once.