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March 29, 2012
06:44 EDTPC, HIT, LPL, SNE, TOSBFU.S. TV shipments set for first-time decline in 2012, Electronista reports
U.S. sales figures for flat-panel TVs could well drop this year for the first time ever, according to iSuppli and reported in Electronista. Reference Link
News For PC;HIT;LPL;SNE;TOSBF From The Last 14 Days
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September 17, 2014
05:34 EDTSNESony lowers FY14 net loss estimate to 230B from 50B yen
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September 15, 2014
11:45 EDTSNEMicrosoft slips after confirming purchase of Minecraft maker
Shares of software giant Microsoft (MSFT) are lower after the company reached an agreement to acquire Mojang, the developer for the "Minecraft" video game franchise. WHAT'S NEW: Microsoft announced this morning that it agreed to acquire Mojang for $2.5B. The company expects the acquisition to be break-even in FY15 on a GAAP basis. The acquisition is expected to close in late 2014. Microsoft plans to continue to make "Minecraft" available across all the platforms on which it is available today, which include its own Xbox platform, as well as on PCs, iOS, Android, and Sony's (SNE) PlayStation. "Minecraft" has had more than 100M downloads on PC alone since its launch in 2009, the company stated. WHAT'S NOTABLE: The announcement confirms a Wall Street Journal report from September 9 that said Microsoft was nearing a deal to buy the game maker for more than $2B. The report noted a Mojang acquisition would be the first multi-billion dollar acquisition by CEO Satya Nadella and it may be an unexpected push after Nadella had signaled a focus on its enterprise business rather than its consumer ones. Ahead of the acquisition, Reuters reported on September 13 that the impending purchase is aimed at pulling users onto Microsoft's Windows Phone platform. In the report, Tap Lab CEO Dave Bisceglia said, "If Microsoft could on Windows phones give players a unique and compelling experience that you can't get on the other platforms, that could be a driver to sell devices to existing Minecraft fans.” ANALYST OPINION: The Reuters report also cited Nomura analyst Rick Sherlund, who said "We don't view this acquisition as a signal of Microsoft's intent to double down on Xbox but consider it an attempt to better address mobile on a cross-platform basis." Also commenting on Microsoft this morning was Morgan Stanley, which expects the company to have a durable 12%-14% total return profile from full-year 2015 to full-year 2017. The firm increased its price target on the stock to $51 from $43, but with Microsoft trading at a 13% premium to the S&P, Morgan Stanley said investors should wait for better entry points before getting more aggressive in buying the shares. The firm added that Microsoft's solid enterprise business, stabilizing consumer business, and a shift towards more attractive cloud assets puts its on a more solid footing than it has ever seen, pointing towards sustained EPS growth. PRICE ACTION : In late-morning trading, Microsoft fell $0.42, or 0.9%, to $46.28.
07:29 EDTSNESony's 'No Good Deed' tops weekend box office, WSJ reports
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06:25 EDTSNEWearable orders appear optimistic in 2014, DigiTimes reports
Supply chains are seeing optimistic demand throughout 2014 for wearables, reports DigiTimes. Makers are seeing orders for flexible AMOLED panels and component orders for 1.56-inch panels. Reference Link
September 12, 2014
16:20 EDTTOSBFOn The Fly: Closing Wrap
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14:16 EDTTOSBFToyota news doesn't affect Mobileye near-term growth potential, says Wells Fargo
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14:01 EDTTOSBFMobileye sinks after report says Toyota likely to use competitor
Shares of Mobileye (MBLY) are falling after the Nikkei newspaper reported today that Toshiba (TOSBF) is going to make many system chips for automatic driver-assist systems, or ADAS. Toyota (TM) will likely incorporate the chips into vehicles it will release in fiscal year 2015, the newspaper added. Mobileye designs software and chips for camera-based advanced ADAS. WHAT'S NEW: Toshiba plans to begin mass producing the ADAS chips - which will analyze images to help cars respond correctly to traffic lights and avoid dangers on the road - in 2015, Nikkei reported. The chips will be placed in safety systems by another company, Denso, before they are shipped to Toyota, Nikkei noted. WHAT'S NOTABLE: On September 9, Citigroup raised its price target on Mobileye to $62 from $48, as the firm was more confident about the company's chances of landing Toyota as a client after attending the first day of the ITS World Congress. Although Toyota is one of the few large auto makers not utilizing Mobileye's technology, the Japanese giant does recognize Mobileye's distinct technological advantages and expects to obtain ADAS components from more suppliers over the medium term, according to the firm, which kept a Buy rating on Mobileye. However, Deutsche Bank expressed some caution on the stock earlier this week when it downgraded the shares on valuation concerns. But the firm said that it continued to be upbeat about the company's long-term prospects. PRICE ACTION: In mid-afternoon trading, Mobileye slumped $2, or 4%, to $52. The shares debuted on August 12 at about $32.
13:11 EDTTOSBFToshiba to supply chips for Toyota driver-assistance systems, Nikkei says
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08:05 EDTSNERockstar Games says Grand Theft Auto V to launch Nov. 18 for PS4, Xbox One
Rockstar Games (TTWO) announced that Grand Theft Auto V will arrive on the PlayStation 4 (SNE) computer entertainment system and Xbox One, the all-in-one games and entertainment system from Microsoft (MSFT) on November 18, with the PC version to follow on January 27, 2015.
07:19 EDTSNESony confirms PS4 tops U.S. console sales for eighth straight month
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07:19 EDTSNEConsoles lead video game sales up 8% in August, Bloomberg reports
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06:30 EDTSNE, TOSBFGlobal tablet shipments to increase 9.1% in Q3, DigiTimes Research reports
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05:41 EDTSNESony collaborates with Teradek
Teradek announced collaboration with Sony to integrate Sony’s wireless camera adapter, the CBK-WA100 and CBK-WA101, with Teradek’s T-Rax and Slice H.264 decoders. The integration offers broadcasters a powerful point-to-point MPEG-2 solution for HD live video transmission from the field to TV stations or ENG trucks.
September 10, 2014
12:46 EDTSNESony Entertainment CEO says division spin-off 'not happening,' NY Post reports
The CEO of Sony's entertainment division, Michael Lynton, said that Sony is not entertaining a sale, spin-off, or joint venture of its entertainment business, New York Post reports, citing an overview of the business from Lynton during Golgman Sachs' Communacopia conference. Lynton also said that the entertainment division's music business has a very bright future, and the company "really wants the subscription model to thrive." Lynton also said that network TV is a promising business if producers know the landscape of the international market, New York Post added. Reference Link
10:01 EDTSNEViacom and Sony reach internet distribution agreement
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September 9, 2014
08:03 EDTTOSBFToshiba announces availability of 2014 4K Ultra HD TVs
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06:55 EDTTOSBFToshiba CEO aims to invest $1.9B yearly in chip division, Reuters says
Toshiba CEO Hisao Tanaka said that the company aims continue investing approximately $1.9B yearly into its chip division beyond FY14, according to Reuters, citing comments from Tanaka. Reference Link
06:38 EDTLPLLG Display increases efforts to land touch panel orders, DigiTimes reports
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05:22 EDTTOSBFToshiba, SanDisk start construction of Fab 2 facility at Yokkaichi, Japan
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September 5, 2014
11:39 EDTTOSBFIntel launches Core M processor, available Holiday 2014
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