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Samsung, Others to Pay Out $553 Million Over LCD Price-Fixing
Wall Street Journal Online ^ | 12/27/2011 | Joan E. Solsman

Posted on 12/28/2011 4:54:12 AM PST by GreenAccord

Sharp Corp., Samsung Electronics Co. and five other makers of liquid crystal displays agreed to an over $550 million settlement with several U.S. states involving allegations of price-fixing.

It is the latest development in a large antitrust investigation into makers of LCD display panels, which are used in computer monitors and notebooks, ...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy
KEYWORDS: hdtv
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To: Las Vegas Dave

Thanks for the ping, LVD.


21 posted on 12/28/2011 7:20:37 PM PST by Gene Eric (C'mon, Virginia -- are you with us or against us?!)
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To: Beelzebubba; Stevenc131

You’ve got the cooling efficiency inverted. It’s more like the cost to run the device, plus 1/3 again in increased air-conditioning costs. Maybe less if you have modern high-efficiency a/c.


22 posted on 12/28/2011 8:04:37 PM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster

If AC is 75% efficient, I’m impressed.


23 posted on 12/28/2011 8:18:35 PM PST by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Beelzebubba

You need to understand the definition of EER, the energy efficiency ratio, which is how many BTU’s of heat are removed per watt-hour of energy consumed.

Your original statement implied that it took three units of electrical energy to remove one unit of heat (from the electrical energy used by the TV).

An air conditioning system sold today has a minimum SEER of 13. Lets assume a big plasma TV used 1kW, just to have a round number to work with. The electrical energy used becomes 3413 BTU/h of heat that must be removed by the A/C. Doing the math,

3413 BTU/h / 13 BTU/h-W = 262 W, or only about 1/4th of the electrical energy used for the TV to remove the heat from the space via the A/C. Thus the total cost per hour in summer to run that TV would be 1.262 kW x cost / kWh.


24 posted on 12/29/2011 5:16:45 AM PST by FreedomPoster (Islam delenda est)
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