Empowering display industry professionals with cutting-edge insights and analysis
by Helen Vince
IBM has denied a report by Forbes that it is planning to cut more than 100,000 jobs, as much 26% of its workforce, describing the idea as “totally ludicrous”. However, several IBM sites across the …
Tags:IBM| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 05
by Helen Vince
Samsung warned earlier this month that its yearly profit would fall for the first time in three years, and this week its results were confirmed. For the year, Samsung posted a net profit of …
Tags:Financial Data| Large Display Monitor| Mobile Display Monitor| Samsung| Vol 22 - Issue 05
by Helen Vince
LG Electronics reported a 125% increase in net profit for last year, rising to KRW501.4 billion ($474.8 million). Turnover for the year of KRW59 trillion ($55.9 billion) was mainly boosted by a 24% increase …
Tags:Financial Data| Large Display Monitor| LG Electronics (LGE)| Mobile Display Monitor| Vol 22 - Issue 05
by Helen Vince
Hon Hai Group says it does not plan to reduce the number of people it employs and that it will maintain its employee numbers at more than one million worldwide. The group was responding …
Tags:Employment and Redundancies| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 05
by Helen Vince
United Microelectronics Corp. (UMC) reported its best quarterly net profit in seven quarters in Q4, thanks to a one-time license fee from Fujitsu. Net profit for the quarter reached NT$4.5 billion ($142.3 million), while …
Tags:Financial Data| Large Display Monitor| Mobile Display Monitor| UMC| Vol 22 - Issue 05
by Helen Vince
Vuzix® Corporation (NASDAQ: VUZI) (“Vuzix” or, the “Company”), a leading supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, announced that its M100 Smart Glasses along with warehouse “vision …
Tags:SmartGlasses| Vuzix
by Helen Vince
Lattice Semiconductor Corporation (NASDAQ: LSCC), a leading provider of programmable connectivity solutions, and Silicon Image, Inc. (NASDAQ: SIMG), a leading provider of wired and wireless connectivity solutions, today announced that they have signed a …
Tags:Lattice Semiconductor (Silicon Image)| Mergers & Acquisitions
by Helen Vince
3M Inc has announced its fourth quarter and full year results, recording a net profit in Q4 of $1.2 billion on turnover of $7.7 billion, which compares with a net profit in the final …
Tags:3M (MMM)| Financial Data| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 05
by Helen Vince
Canon Inc. reported a 6% increase in net profit in Q4, rising to ¥68.1 billion ($577.8 million) from ¥64.2 billion ($544.7 million) a year earlier on turnover that was flat at ¥1 trillion ($8.5 billion). For the …
Tags:Large Display Monitor| Mobile Display Monitor
by Helen Vince
Silicon Image has signed an agreement to be acquired by Lattice Semiconductor for approximately $600 million. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close …
Tags:Large Display Monitor| Lattice Semiconductor (Silicon Image)| Mergers & Acquisitions| Mobile Display Monitor| Vol 22 - Issue 05
by Helen Vince
Corning Incorporated recorded a fourth quarter net profit of $988 million on turnover of $2.4 billion, which compares with a net profit of $421 million on turnover of $1.9 billion in Q4 of the …
Tags:Corning| Financial Data| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 05
by Helen Vince
LG Display Co. has reported its fourth quarter and full year results, posting a net profit in Q4 of KRW389 billion ($353.8 million) a year on year increase of 448% from KRW71 billion ($64.6 …
Tags:Financial Data| Large Display Monitor| LG Displays (LGD)| Mobile Display Monitor| Vol 22 - Issue 05
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