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Kudelski Performs Well in First Half

The Kudelski Group, which develops the Nagra conditional access system, has shared its first half results. Total revenue grew by 11.6% YoY, to CHF481.8 million ($502.5 million), while operating income was down 6.9% to CHF33.4 million ($34.8 million). Net income was up 115.2%, to CHF21 million ($21.9 million). Revenue grew primarily in the Group’s non-European … Read more

AptoVision Could be “Breakthrough Company of the Year”

AptoVision, which develops technology for video over ip, has announced that it has been named a finalist by the AV Awards for “Breakthrough Company of the Year” category. The category is for professional AV companies under five years old and is voted for by the public on the AV Magazine website.

Samsung Introduces HDR 10 Reference Disc and Workflow

On August 10, Samsung held an HDR Metrology Seminar and Workshop at its glossy retail showcase and conference center in New York’s now-trendy Meatpacking District. Samsung introduced a new HDR 10 evaluation – don’t say “calibration” – disk and workflow for CalMAN video calibration software. The workshop was intended for video calibrators, integrators, media and … Read more

Nikkei: Panel Prices Rising on Low Inventory

Japan’s Nikkei newspaper says that inventory shortages are causing the price of LCD TV panels to rise, especially in 42″ and smaller sizes. IHS has reported similar news in recent months. Prices for 32″ open-cell LCD panels, for instance, were up about 10% MoM in July, while 40″-42″ panels were up between 1% and 5%. … Read more

UBI Raises OLED Prediction to 1 Billion Displays

Samsung holds almost a 97% share of the mobile OLED marketUBI Research says that shipments of AMOLED mobile (4″-6″) displays will exceed 300 million units this year, and 1 billion by 2019. This year, shipments will rise 27% to 318.8 million. UBI forecasts continued growth in coming years, to 505.3 million in 2017, 902.5 million … Read more

Marty Joins Clear Channel

Clear Channel has appointed Christoph Marty as the new CEO of its Switzerland branch. He will take office in November this year. Marty is currently CEO of advertising company Publicitas Switzerland, which he joined as a sales director in 2013. He was promoted to CEO in 2014. Before this, Marty worked in AZ Medien AG … Read more

Cisco Cuts 7% of Workforce; More Layoffs Rumoured

Cisco, according to CRN, is about to make as many as 14,000 employees redundant, representing almost 20% of the company’s global workforce. The move would be made due to sluggish sales of switches and routers, Cisco’s main business. Sources told the website that the cuts will be announced ‘within the next few weeks’. The day … Read more