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Nanolenses Boost Reflectance for Crystal Screens

Crystal Screens will show off its newest and brightest projection screen at CEDIA 2016 (15th – 17th September). The screen uses nanolens technology; much like RealD’s Ultimate Screen, this create a random pattern on the projection surface to more efficiently reflect light. Crystal Screens jokingly refers to it as ‘the world’s largest LED display’! The … Read more

Lower Pitches Drive Rising Revenues in LED Displays

LED video display shipments are expected to grow 27.5% this year, with 4.9% revenue growth. IHS, which made the forecast, says that the higher shipments are due to a ‘dramatic’ 26% YoY fall in prices across all pixel pitch categories. Despite this, revenues will increase thanks to a gradual shift towards finer, more expensive pixel … Read more

Actions Semiconductor Develops 360° Chips

Chinese fabless semiconductor company Actions Semiconductor has released two new 28nm chipsets for VR, through its subsidiary Actions Technology. The S900VR is designed as an all-in-one solution for 360° panoramic VR devices. It has a 64-bit architecture and uses a quad-core ARM Cortex A53 processor, with an Imagination PowerVR G6230 GPU. UltraHD resolution is supported, … Read more

LG Display Result 27/07/2016

LG Display reported Q2 2016 net loss of 84 billion won ($74.7 million), compared to a net profit of 363 billion won ($322.9 million) in the same quarter in the previous year. Turnover was 5.8 trillion won ($5.2 billion), down 13% YoY from 6.7 trillion won ($6 billion). The loss was caused by falling LCD … Read more

LG Display To Invest $1.8 Billion in Flexible OLEDs

LG Display is investing KRW1.99 trillion ($1.8 billion) in a new flexible OLED production line. The E6 line will be located in Paju, South Korea and will manufacture sixth-generation (1,500mm x 1,850mm) substrates. Han Sang-Beom, CEO of LGD, said that the shift from LCD to OLED “represents both a challenge and an opportunity for the … Read more

NEC Leads LFD Sales in the US

PMA has published its data for large (50″+) displays sold in the USA, for June. Sharp led the 70″-79″ professional display category with its LC-70LE661U, followed by NEC’s E705. Samsung’s DM75E and ED75E took third and fourth place, respectively, while LG’s 79UX340C was in fifth. The 50″-59″ professional displays list was topped by NEC, with … Read more

Nintendo Result 22/07/2016

Nintendo

Nintendo reported net profit of 24.5 billion yen ($233.9 million), compared to a net profit of 8.2 billion yen ($78.2 million) in the same quarter previous year. Turnover for the period was 61 billion yen ($582.5 million), down 31.3% YoY from 90.2 billion yen ($861.3 million). Earnings declined primarily on account of weaker hardware and … Read more

Vizio Sells Out to LeEco

LeEco (formerly LeTV) of China has announced a definitive agreement to acquire US TV brand Vizio, for $2 billion. LeEco will operate the Vizio hardware and software business as a wholly-owned subsidiary. Vizio’s data business, Inscape, will be spun out and operated independently. “Acquiring Vizio is an important step in our globalization strategy and building … Read more

Celestica Result 21/07/2016

Celestica reported Q2 2016 net profit of $36.2 million, up nearly 50% YoY from $24.2 million. Turnover was $1.49 billion, up 5% YoY from $1.41 billion. For the six month period, net profit was $79.4 million, up 6% YoY from $74.7 million. Turnover for the period was $2.8 billion, up 4.5% YoY from $2.7 billion. … Read more

Apple Result 26/07/2016

Apple

Apple reported Q3 2016 net profit of $7.8 billion, down 27% YoY from $10.7 billion. Turnover was $42.4 billion, down 15% YoY from $49.6 billion. The quarter saw record-breaking App Store turnover. Analyst Comment Although Apple’s figures were down, they were more positive than most analysts had anticipated. The low-cost iPhone SE proved especially popular, … Read more