October 25th, 2011
1.6 million LCD TVs are being recalling globally by Sony Corp. due to a defect that can trigger overheating, smoke and melting parts.
The televisions subject to recall were manufactured in 2007 and 2008 and were mostly sold in Europe and the United States, although some were also sold in Japan and other parts of the world, a Sony spokeswoman said. None of these reports involved injuries or damage beyond the TVs.
The models subject to the recall are the Bravia KDL-40X5000, KDL-40X5050, KDL-40W5000, KDL-40V5000 and KDL-40V3000.
The electronics giant also experienced trouble in its video game unit on Wednesday, declaring that it had to suspend nearly 100,000 online gaming accounts because its PlayStation Network had been hacked, according to The New York Times.
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August 4th, 2010
(Seen in WSJ August 4, 2010) Americans are spending more on electronics like iPads and flat-screen televisions and less on durable goods like furniture, washing machines and lawn mowers, according to government data released Tuesday.
Consumers are spending on electronics over durable goods like furniture. Above, shoppers for televisions at Costco in Mountain View, Calif.
The shift reflects a change in priorities for American consumers. After pouring money into all aspects of their homes during the previous decade, consumers are redirecting their purchases to eye-grabbing technology and socking away more of what’s left over into savings. Apparel company executives are worried the lure of electronics will eat into their sales as the back-to-school season gets under way.
Outlays for televisions, computers, video and telephone equipment grew 1.8% in the first six months of this year, compared to the first half of pre-recession 2007, the Commerce Department said Tuesday. By comparison, spending on appliances decreased 3.6% during the same period, and spending on furniture decreased 11% during that time. Full story
As electronics increase in households so does the need for fire safety.
The debate continues on best solutions. OEMs weigh in on subject of what is green?
New green generation of flame retardants studied. Earthwise’s GreenArmor discussed at conference.
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