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Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs May 13th 2012, 10:57 Panasonic's yearly earnings are in and the red ink added up to a record $9.7 billion net loss for 2011. Number one on incoming president Kazuhiro Tsuga's list is turning around the company's TV division, where its heavy investments in both plasma and LCD manufacturing resulted in heavy losses. Currently the company expects a better result in both next year after 2011's write downs and restructuring, although its projections see total sales falling from 17.3 million last year to 15.5 million. Panasonic is expected to follow Samsung and LG into large screen OLED HDTV production and outgoing prez Fumio Ohtsubo mentioned it would likely look for a partner there. Sumitomo has been rumored as a potential ally in the past, though a preference for run-flat tires could not be confirmed at press time. Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs originally appeared on Engadget on Sun, 13 May 2012 06:57:00 EDT. Please see our terms for use of feeds. Permalink   |  Reuters, Nikkei (registration required), Panasonic 2012 FY earnings  | Email this | Comments Fry's stocks unlocked Nokia N9, is slightly misinformed about its specs May 13th 2012, 06:16 Sure, Nokia's Lumia 900 and 808 PureView may have garnered much of the spotlight lately, but lest we forgot about its flagship MeeGo handset. If you've been anxiously hoping to somehow score an unlocked N9 in the US sans gray-market importers, apparently Fry's Electronics has you covered. Phone News spotted a listing for the phone in the store's latest weekly ad -- although upon closer inspection, it appears that the retailer isn't too sure about its actual specs. Aside from describing the 3.9-inch slab of polycarbonate as a 4.3-inch device, it's also flubbed on the OS, calling it "Mego." Perhaps the most interesting error, however, is that the handset's ClearBlack AMOLED display is listed as Super AMOLED -- Samsung's competing technology. Assuming these are merely copy errors, you'll be able to pick one up for a spendy $600. Hit up the source link below to view the full ad. Fry's stocks unlocked Nokia N9, is slightly misinformed about its specs originally appeared on Engadget on Sun, 13 May 2012 02:16:00 EDT. Please see our terms for use of feeds. Permalink Phone News  |  Fry's  | Email this | Comments

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