LG Philips, a tag-team consisting of LG Electronics and Philips Electronics, announced an agreement with Hewlett-Packard to become HP’s primary supplier of flat screens for notebook PCs and LCD monitors.
LG.Philips Keeps Optimistic Outlook Despite Low Profits
LG.Philips reported a 94 percent fall in profits for the fourth quarter, though they did not lose as much as some analysts expected.