[Reuters]
RealD Inc’s shares fell as much as 14 percent in extended trade after the licensor of 3D technologies said Samsung Electronics pulled out of an agreement to make television panels featuring the company’s technology.
Samsung’s new management was not pursuing the agreement, announced in May this year, as the global economic climate dragged down consumer demand, RealD said.
The announcement comes after Samsung, Sony Corp, and Panasonic Corp said two months ago that they intended to standardize their 3D TVs around active shutter glasses in conjunction with RealD’s privately-owned rival XPAND.
RealD uses a different passive 3D display technology. …
Read the full story here: http://www.reuters.com/article/2011/11/02/us-reald-idUSTRE7A18R620111102