3D TVs and tablets beckon at Berlin's IFA trade fair

Germans are not known to be a nation of spendthrifts but when it comes to consumer electronics they throw caution to the wind -- much to the delight of exhibitors at Berlin's IFA trade fair starting this week.

"Germans are currently in a downright buying frenzy," said Jeffry van Ede, board member of German tech industry body Bitkom.

Exhibitors at Europe's largest consumer electronics trade fair IFA are hoping that behavior will spill over into the rest of Europe as they negotiate contracts with retailers for the coming months and the year-end holiday shopping season.

LG Display says in talks with Compal for JV

South Korea's LG Display said on Tuesday it was in talks with Taiwanese laptop contract maker Compal Electronics to set up a joint venture.

"We've decided to seek a joint venture with Compal but the final decision has yet to be made and we are still in talks," an LG Display spokeswoman said.