JVC Unveils New LCD TVs

JVC added four new 1080p LCD TVs to its model lineup, TWICE reports. The sizes are 37", 42" and 47" and come in two model lines ranging in price from $1,599 to $2,699.

Rumor has it that JVC and Kenwood are about to merge, as Kenwood has apparently agreed to take the somewhat flailing JVC off of parent company Matsushita's hands. The combined company would have annual sales of about $7.4 billion if the transaction closes sometime next year as Kenwood has proposed.