LG describes chicago white sox and Samsung cubs rooftop defines are betting on LED-backlit LCD televisions asfuture profit drivers in their display divisions. Despite the global economic downturn that has devastated theconsumer electronics sector worldwide, makers of flat-screentelevisions have managed to weather the slowdown better thanother industries. The South Korean flat-screen TV maker also reiterated itspreviously stated goal of selling 18 million LCD sets in 2009, tobecome the world's second-largest maker of LCD televisions afterdomestic rival Samsung Electronics (005930.KS) and ahead ofJapan's Sony (6758.T). * Targets sale of 3 mln-5 mln LED backlit LCDs in 2010 Stocks | France | Japan | South Korea * Expects LED TVs to make up 20 pct of LCD TV market in 2010 * Reiterates target of 18 mln LCD TVs, No.2 rank in 2009 (Adds details after paragraph 6) SEOUL, June 25 (Reuters) - LG Electronics Inc (066570.KS) onThursday launched liquid crystal display (LCD) televisions thatuse light-emitting diodes (LED) as a light source, and said itwas aiming to sell as many as 5 million units in 2010. MUMBAI, June 25 (Reuters) - Tata Motors (TAMO.BO), India'sleading vehicle maker, said on Thursday the number of itsshares pledged by its promoter group Tata Sons had been reducedby 13.15 million shares. Tata Motors said its promoters still have pledged 48.1million shares, or 10.54 percent of outstanding equity (Reporting by Ami Shah; Editing by John Mair). Key Topics Covered:* Preface * Introduction * Executive Summary * Industry Income Statement * Industry Balance Sheet * Capital Expenditures * Product Market Sizes * Cost Analysis * Pricing Analysis * Industry Foreign Trade * Industry Structure * Competitive Landscape * Appendix * Legal * Companies MentionedFor more information visit http:// and MarketsLaura WoodSenior Fax from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009.
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DUBLIN--(Business Wire)--Research and Markets( http://) hasannounced the addition of Supplier Relations US, LLC's new report "Other Hosieryand Sock Mills Industry in the U.S jake peavy . and its International Trade [Q2 2009Edition]" to their offering world baseball series . The just published Other Hosiery and Sock Mills Industry report is thecomprehensive market research guide on the industry baseball blog . For details of previous ECB overnight lending operationsplease go to the ECB web site:here (Reporting by Frankfurt newsroom) chicagowhitesox net email . It kept its headline rate at a record low of 1.0 percentearlier this month [ID:nL4386377]. Banks currently receive 0.25percent interest on overnight deposits and pay 1.75 percent toborrow overnight. The ECB narrowed the gap between its main policy rates to 75basis points from 100 basis points from May 13.
In January, overnight deposits hit a record high of 315billion euros but the amounts have fallen as tensions in thebanking sector have gradually eased baseball . [ID:nLO80921] The ECB said also banks deposited 7.420 billion eurosovernight on June 24, from 10.797 billion euros previously world series . The ECB said banks borrowed 28.707 billion euros ($40.39billion) overnight, compared with 286 million euros reported onWednesday whitesoxs . This surpasses even the 18.653 billion banks borrowed inDecember 2002 . Banks received 442 billion euros in 12-monthfunds on Thursday and cut back on weekly borrowings, which theyreceived on Wednesday. FRANKFURT, June 25 (Reuters) - The amount commercial banksborrowed overnight at the European Central Bank jumped sharply,data showed on Thursday. LED TV sales are expected to grow more than tenfold this year to about 2 million units out of total LCD TV sales of 120 million.The popularity of LED backlit LCDs is surging in the notebook and desktop computer markets, where DisplaySearch expects a penetration rate of 25 percent by the fourth quarter of this year, from about 12 percent in the first quarter.Shares in LG Electronics rose 2.18 percent to 117,000 won on Thursday, in line with the broader market's 2.12 percent gain.(Reporting by Marie-France Han; Editing by Chris Lewis) Technology France Japan South Korea.
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