Loewe, a luxury German TV brand, saw stock prices soar after a trader claimed that Apple was in the market to bid 4 euros a share for the company.
Posts Tagged: tv-market
The China television market, already a dominant force on the world stage, is expected to perform strongly once again in 2010, led by an overall rise in the production of television sets as well as surging demand for LCD-TVs, according to iSuppli.
General Electric is to delay its re-entry into the television market after a 20-year gap as a result of "marketing issues".
The company announced in September that it was to offer GE-branded HDTVs in partnership with a Taiwanese company.