International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Sony vs LG
It’s a battle of the biggies. Both are market leaders in electronic appliances whether, it’s phones or TVs. But which brand is more popular?
Would you rather buy a Sony Bravia TV or an LG LCD flat screen? If you go by the discussions on the web, it’s a tough choice. Unless, of course, you are a hard core fan of either.
Sony started out in 1946 in Japan as Tokyo Tsushin Kogyo (Totsuko), but was christened Sony decades later. The name was created by combining “Sonus,” Latin for “Sonic,” meaning sound, with “Sonny,” denoting small size, or a youthful boy. According to the company, it was chosen for its simple pronunciation.
One of the company’s first products was an electrically heated cushion aimed at consumers for the winter months. It went on to build Japan’s first tape recorder and it’s first transistor radio. It also built the world’s first direct-view portable TV, CD player, and the home-use open-reel VTR.
LG entered the market slightly later in 1958 as Goldstar Company Ltd in Korea, and the name LG originated from Lucky Goldstar (which was its previous name). Like Sony, LG also boasts a number of ‘firsts’ — the company produced Korea’s first radio, its first electric fan, refrigerator, black and white television, air conditioner, washing machine and elevator.
More recently, LG claimed other accolades—the world’s fastest 3D game phone, world’s thinnest ceiling-bound system air conditioner, world’s thinnest LCD (1.48 mm) and the world’s slimmest (33-cm) flat-panel TV among others.
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