Sony and LG have decided to make amends on a patent dispute. Back in February, LG filed a complaint with the International Trade Commission claiming Sony’s assortment of Blu-ray players violated eight of LG’s patents. Sony responded by claiming LG violated its patents in some of its mobile phones. The whole thing got so bad, PS3 consoles were seized in Europe by Customs.

Philips is dramatically scaling back its television division. Thanks to falling television prices and overall poor performance, Philips will turn over 70 percent of its television business to TPV Technology. TPV Technology is a manufacturer based out of Hong Kong. Philips will continue to own the remaining 30 percent and will collect 50 million euros ($72 million) in royalties every year starting in 2013.

Westinghouse wanted to be seen at the 2009 CES. They introduced a huge line of “affordable” LCD HDTVs and computer monitors at the show. Leading the pack was the new TX line of HDTVs. Available in 37”, 42”, and 55” sizes, the TX line has a 120Hz refresh rate with full 1080p. The 55” model will be available in May 2009 with the smaller models rolling out before July. Westinghouse promises they will be affordable, but refused to set a price at CES so the jury is still out.