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Leadership in ‘green innovation’ in the electronics industry is the goal of Panasonic (NYSE:PC), as it creates a new Eco Solutions division in order to concentrate on “end-to-end energy solutions” in the U.S. and Canada. The company’s shares have declined 34.3 percent over the last 52 weeks.
A joint venture between Sony (NYSE:SNE) and AU Optronics (NYSE:AUO) could be in the offing, as the firms are in talks to that effect, with the production of organic light-emitting diode (OLED) TVs as the goal. Such a deal would create rivalry for Samsung (SSNLF.PK) and LG, but would be welcomed by OLED technology developer Universal Display (NASDAQ:PANL), which shares jumped on Tuesday following a good word from Goldman.
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A new all-in-one keyboard and screen protector for third-generation iPads and the iPad 2 will be introduced by Logitech (NASDAQ:LOGI) later this month in the U.S. and in Europe. The price tag will be $99, and a GigaOm review calls it “A simple but elegant looking solution.
Shares of Western Digital (NYSE:WDC) move up in sympathy with competitor Seagate (NASDAQ:STX), whose fiscal third quarter earnings exploded for a second consecutive quarter due to pent-up demand and higher prices for hard drives. However, profits might slump with productions levels as Thailand return to normal following the floods there, and the window for easy returns for investors might soon be closing.
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AT&T (NYSE:T) reacts to low-cost deals given to prepaid customers by rivals such as Sprint’s (NYSE:S) Boost Mobile and Leap’s (NASDAQ:LEAP) Cricket, by upping the amounts of data it offers in its own packages. Customers who use AT&T’s GoPhone service will now be enabled to double their data for the same price.
The most popular site in Brazil is now Facebook (FB), says Experian Hitwise. On Sunday, FB topped Google Brazil’s (NASDAQ:GOOG) claimed Web visits of 10.55 percent, by reaching 10.98 percent of Brazil’s total. Already in January, FB exceeded Google’s Orkut, becoming the country’s most popular social networking site, while also claiming in its S-1 that Brazilian monthly active users jumped 267 percent last year to 37 million.
Verizon Wireless (NYSE:VZ) plans to divest a parcel of radio frequencies worth potentially billions of dollars, if it gains government approval of its pending spectrum acquisition from cable companies, along with other deals, all which total around $4 billion. A BTIG analyst remarks that “This is a reflection that their approval process is not going well.”
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