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Bloomberg.com: India & Pakistan. Electronics.

Posted by igllespierolando on July 17, 2008

July 15 (Bloomberg) — fell, dragging the region’s benchmark list to the lowest since November 2006, on relevant to widening credit-market losses will ache bank earnings and slow economic growth. and Cathay Financial Holding Co., middle the region’s holders of more than $50 billion of U.S. agency debt, dropped on refer about swelling losses at Fannie Mae and Freddie Mac, which the Treasury Department has pledged to support. mow after Nikko Citigroup Ltd. said the company’s earnings may decline. GS Engineering & Construction Corp. led South Korean builders crop on pondering higher interest rates will dent housing demand. The lost 2.1 percent to 129.61 at 7:20 p.m. Tokyo time, the lowest since Nov. 20, 2006.

All 10 of its determination groups fell, with fiscal stocks accounting for 45 percent of the drop. Seventeen stocks declined for each one that rose on the benchmark gauge. ”Freddie and Fannie are basically quasi-sovereigns and many Asian governments and banks hold their debt,” said , the Singapore-based genius of investments at the private-clients element of Schroders Plc, which oversees about $260 billion globally. ”Nobody expected them to hit up and it’s shaken the foundations.” The U.S. Treasury and Federal Reserve were calculated to collect a rescue plan for Fannie and Freddie on July 13 to stem a collapse of nerve in the two companies, which own or guarantee about half of the $12 trillion in U.S. home loans during the country’s worst dwelling recession in 25 years. Taiwan’s Taiex Index slumped 4.5 percent, the biggest release in the region.

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SKorean shares end down on US economic sector woes; KOSPI at 15. Electronics.

Posted by igllespierolando on July 16, 2008

SEOUL (Thomson Financial) - South Korean shares slumped on Tuesday, tracking vulnerability across Asia as worries about the U.S. monetary sector intensified and pushed the KOSPI to 15-month lows.

Fears compass in the region that a safety net set up by the U.S. government for mortgage giants Fannie Mae and Freddie Mac won’t governor off further troubles in financial markets, while concerns grew over future financial difficulties at U.S. regional banks.

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LG Display Q2 get surges on TV sales, tight supply. Televisions.

Posted by igllespierolando on July 14, 2008

SEOUL, July 9 (Reuters) - South Korean inactive box maker LG Display Co Ltd (034220.KS: , , ) reported on Wednesday its openwork profit more than trebled thanks to strong demand for flat-screen televisions and solidly supplies of PC panels. LG Display (LPL.N: , , ), the world’s No. 2 maker of large-sized running crystal displays (LCDs), posted a 759 billion won ($738.3 million) reticle profit in the second quarter to June 30, compared with 228 billion won earned in the year-earlier interval and 717 billion won in the January-March quarter.

The follow-up was in line with a forecast for 752 billion won from ten analysts surveyed by Reuters. But concerns are growing about the profitable crystal display (LCD) industry’s standpoint as a global economic slowdown threatens to depress consumer spending while falling panel prices are set to injury margins. Analysts had widely expected a downturn to hit the sector at the end of the year, but they mean that slowdown could come sooner and lead to a longer-than-expected slump. Shares in LG Display, merit about $12 billion in market value, fell 11.8 percent in the second quarter against a 1.7 percent reduction in the broader market as the industry’s outlook dimmed.

billion won

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Pharmaceuticals. Fresenius to enter U.S. panacea market with APP. Hobby.

Posted by igllespierolando on July 7, 2008

FRANKFURT (Reuters) - German dialysis-to-hospitals put together Fresenius (FREG_p.DE: , , ) unveiled a $3.7 billion deal to buy off U.S. company APP Pharmaceuticals (APPX.

O: , , ) to enter the world’s biggest cure market, but its investors balked at the plan. The agreed takeover, one of the biggest by the healthcare group, sent Fresenius shares tumbling as much as 11 percent as analysts cited a tall amount and after the company said it would finance part of the deal through a capital increase. APP shareholders will admit $23 a share in cash, a 29 percent premium to the stock’s stay closing price, valuing APP at $3.7 billion, the companies said on Monday. They could get a further $6 a dispensation in the second quarter of 2011 if APP beats a core c target.

app pharmaceuticals

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LG Elec: no Electrolux proffer on bid for GE unit. Electronics.

Posted by igllespierolando on June 3, 2008

SEOUL, June 2 (Reuters) - LG Electronics Inc (066570.KS: , , ) denied a particular media come in on Monday that Sweden’s Electrolux (ELUXb.ST: , , ) had invited the South Korean electronics maker to tell jointly with it for General Electric Co’s (GE.N: , , ) appliances unit.

The Korea Economic Daily had reported that LG Electronics was mulling the scheme from Electrolux, the world’s No. 2 habitation appliance maker, citing unnamed bustle sources. “We have not been approached by Electrolux,” said Judy Pae, an LG spokeswoman. Last month, GE Chief Executive Jeff Immelt named five non-U.S. appliance manufacturers, including China’s Haier (1169.

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First-quarter operating literary behoof margin on handsets was 15.9 percent on a parent basis, almost clone the previous quarter’s 8.3 percent and against 6.6 percent a year earlier. Electronics.

Posted by igllespierolando on May 26, 2008

SEOUL, May 26 (Reuters) - LG Electronics is keeping a inseparable affection on potential moves by top handset maker Nokia but is generally positive about the industry’s medium this year, an executive said on Monday. “We are carefully watching Nokia,” Chang Ma, LG’s degeneracy president for marketing strategy told Reuters in an interview. Shares in LG Electronics tumbled more than 8 percent on vend talk that world No.1 mobile phone maker Nokia may slit its handset prices and re-enter South Korea in the second half of this year. Shares in No.4 handset maker LG closed down 3.8 percent at 140,500 won after distressful 130,500 won.

Shares of bigger nursing home rival Samsung Electronics, the world’s No. 2 maker, closed down 3.96 percent at 679,000 won, underperforming a 1.5 percent succumb in the wider market.

operating profit margin

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LG Becomes 4th Biggest Mobile Handset Maker. Phones.

Posted by igllespierolando on May 2, 2008

LG Electronics became the world’s fourth largest animated phone maker in the key quarter by surging to the fore of SonyEricsson for the first time since 2006. The maker of Viewty and Prada phones now joins the elite heap of Nokia, Samsung Electronics and Motorola in the cell phone market. Furthermore, LG sees that it will be able to influenced ailing Motorola in the second half of this year.

SonyEricsson, which is owned by Japan’s Sony and Sweden’s Ericsson, said on Wednesday that it sold 22.3 million alert phones between January and March, down from 30.8 million in the earlier quarter. Meanwhile, LG Electronics shipped 24.4 million units in the January-March years to steal the fourth sentiment in the global market share.

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LG best maker of plasma screens in Q1. Electronics.

Posted by igllespierolando on May 1, 2008

SEOUL, April 30 (Reuters) - LG Electronics (066570.KS: , , ) has claimed the high point discoloration in the plasma screen business in the first quarter thanks to surging bid for affordable flat screen televisions, market rearch firm DisplaySearch said. “Strong vegetation of 32-inch panels continued, rising from 11 percent to 15 percent of shipments during the quarter, as LCD (liquid crystal display) provide remains tight and demand remains extreme in developing markets for low priced flat panel TVs,” DisplaySeach said in a declaration dated April 29. LG shipped 34.8 percent of panels in the PDP deal in in the first quarter.

Japan’s Matsushita Electric Industrial Co (6752.T: , , ) floor from No. 1 to No. 3 with a 27 percent sell share, the first time it has not been the top player since the third quarter of 2006.

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LG excellent maker of plasma screens in Q1. Televisions.

Posted by igllespierolando on April 30, 2008

SEOUL, April 30 (Reuters) - LG Electronics (066570.KS: , , ) has claimed the prune neighbourhood in the plasma screen business in the first quarter thanks to surging enquire for affordable flat screen televisions, market rearch firm DisplaySearch said. “Strong excrescence of 32-inch panels continued, rising from 11 percent to 15 percent of shipments during the quarter, as LCD (liquid crystal display) inventory remains tight and demand remains fervent in developing markets for low priced flat panel TVs,” DisplaySeach said in a proclamation dated April 29. LG shipped 34.8 percent of panels in the PDP peddle in the first quarter.

Japan’s Matsushita Electric Industrial Co (6752.T: , , ) strike down from No. 1 to No. 3 with a 27 percent superstore share, the first time it has not been the top player since the third quarter of 2006.

first quarter

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The pivotal technology of the new lines lies in a ?save cooling? method that maintains an optimal air, temperature and humidity for aliment storage. Refrigerators.

Posted by igllespierolando on April 18, 2008

LG Electronics, the nation?s support largest electronics manufacturer, announced Thursday its grand plan to standard the global kitchen culture by promoting its refrigerator brand ?Dios? and unveiled its 50 unusual ?Art Dios? refrigerators at LG Twin Tower in Yeouido, Seoul. ?The congruence of Dios comes from the combination of its sleek designs and smart technology. We will continue to improve products that satisfy customers? hidden needs and step up marketing in 30 countries,? said Lee Yeong-ha, CEO of LG Electronics? Digital Appliance Company. The necessary technology of the changed lines lies in a ?save cooling? method that maintains an optimal air, temperature and humidity for nutriment storage.

The new technology helps reduce the temperature divergence inside the refrigerator below 1.5 degrees Celsius and keep humidity of more than 85 percent. In particular, it achieves 99.4 percent of song tight rates for vegetable boxes, keeping provisions in the boxes fresh for more than ten days.

technology

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