Year: 2022

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Meta Loses $2.8 billion in the Metaverse

by Bob Raikes

What They Say Meta reported that in Q2 2022 its Reality Labs Division lost $2.9 billion in Q2 2022. Revenue was down by 35% from Q1 at $452 million. Despite the losses, CEO Mark …

Tags:| Financial Data| Virtual Reality

Google Pixel 6a Camera & Display Score Release

by Artem Alekseenko

After undergoing both DXOMARK Camera & Display quality tests, the Google Pixel 6a demonstrated an excellent performance in camera (2nd position in DXOMARK High-End camera ranking, just behind the Google Pixel 6) enabling Google …

Tags:Cameras| Google

Samsung Electronics Announces Second Quarter 2022 Results

by Artem Alekseenko

Samsung Electronics reported financial results for the second quarter ended June 30, 2022. The Company posted consolidated revenue of KRW 77.2 trillion, a record for the second-quarter, and operating profit of KRW 14.1 trillion, …

Tags:Samsung

Covid, Inc. Supports the Future With 8K HDMI Cable

by Artem Alekseenko

Celebrating its 40th year as the premier industry-trusted connectivity supplier, Covid Inc. announced the latest HDMI cable to its vast portfolio, the EC-HD31 8K HDMI non-plenum cable. Backward compatible for 4K/60 4:4:4 resolutions, the …

Tags:Cable| HDMI| Super Hi-Vision (8K)

OLEDs Continue to Do Well in Germany

by Bob Raikes

What They Say The GfU released its data for the TV market in Germany in the first half of 2022 and reported that volume fell by 17% compared to 2021 at 2.3 million sets. …

Tags:Germany| Market Data| TV Set Market

LG Display Updates on Q2

by Bob Raikes

What They Say LG Display held its quarterly conference call and confirmed that it had underperformed its guidance with revenues down 13% QoQ and 19% YoY from a combination of continued disruption in China …

Tags:Financial Data| large displays| Large LCD Supply| LG Displays (LGD)| OLED TVs| OLEDs

Taiwanese Panel Makers Update on Q2

by Bob Raikes

What They Say AUO and Innolux announced their June and Q2 results. AUO saw sales down 22.9% on a quarterly basis and 34% annually to $2.1 billion and with an operating loss of $155 …

Tags:AUO| Financial Data| Innolux

Samsung Electronics Announces Second Quarter 2022 Results

by Milos Pavlovic

What They Say Samsung Electronics said that Q2 saw its revenue rise to a record level at $59.3 billion with operating profits of $10.8 billion, up 12% on last year. SDC (Samsung Display Corporation) …

Tags:Financial Data| Samsung| Samsung Display

Comcast Looking at Set Makers

by Bob Raikes

What They Say Protocol Entertainment said that Comcast has looked at acquiring Vizio or another TV maker and has even looked at and talked to TP Vision, the licensee for Philips TVs in Europe. …

Tags:Mergers & Acquisitions| TPV (TP Vision)| TVs (TV Sets)| Vizio

US VC’s Fundraising is Very Strong

by Bob Raikes

What They Say Economist Paul Kedrosky’s Daily Graph service has turned up another interesting one on US financing. This time, he has found a chart showing that US VCs are continuing to raise large …

Tags:Financial Data| USA