Epson Settles Nokia LCD Price Fixing Lawsuit


Epson:

In November 2009, Nokia filed lawsuits in the United States and United Kingdom against Epson and its subsidiary companies including Epson Imaging Devices Corporation alleging violations of antitrust and competition laws. Epson has denied liability and vigorously defended the lawsuits. Because of the ongoing impacts of the lawsuits on its business and the expense of continuing litigation, however, the company has determined that settlement of the litigation is in Epson’s best interests.

Settlement price: US$80 million.




Samsung To Acquire Sony’s Share of S-LCD Joint Venture


Sony:

Under the agreement, Samsung will acquire all of Sony’s shares of S-LCD Corporation (“S-LCD”), the two companies’ LCD panel manufacturing joint venture, making S-LCD a wholly owned subsidiary of Samsung. In consideration for the share transfer, cash consideration of approximately KRW 1.08 trillion will be paid to Sony by Samsung. [...]

For Sony, this transaction will enable it to monetize its shares in S-LCD and aims to secure a flexible and steady supply of LCD panels from Samsung, based on market prices and without the responsibility and costs of operating a manufacturing facility. With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations.

That’s about US$940 million. A big chunk of cash Sony desperately needs.




Brands Are Now An Essential Part Of People’s Identities


via Brent Simmons. Betabeat:

What most users don’t know is that the new features being introduced are all centered around increasing the value of Facebook to advertisers, to the point where Facebook representatives have been selling the idea that Timeline is actually about re-conceptualizing users around their consumer preferences, or as they put it, “brands are now an essential part of people’s identities.”

Google gathers your online activities, analyzes them, and sells to the highest bidding advertiser. Facebook sells you.




No Ice Cream Sandwich for Samsung Galaxy S


Vlad Savov, The Verge:

Earlier today, Samsung revealed that it won’t update the Galaxy S, its most successful smartphone to date, to the latest version of Android. [...] I take grave issue with it. This is a decision based not on technical constraints, as Samsung would have you believe, but on hubris.

Samsung shipped almost 20 million Galaxy S phones and that means there are almost as many pissed off customers.

Update: An alternative view by Matthew Panzarino, The Next Web:

The problem isn’t Samsung, it’s systemic to Android as a whole. The makers of Android hardware see little benefit in updating even devices that are less than a year old. And, though I think it’s a punk move, I don’t blame them. There is little to no return to be had.

Though that may be true, that this is a systematic Android problem, by not taking care of its current customers there will be “little to no” customers who return to Samsung for another round of getting screwed.

Update 2: John Gruber:

One company clearly has more respect for its customers; that company is also clearly more successful. If you don’t see the connection, go ahead and keep your head in the sand.




David Attenborough – Wonderful World – BBC


Splendid.









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