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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 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
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 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
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 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
Intel reported Q2 2016 net profit of $1.3 billion, down 51% YoY from $2.7 billion. Turnover was $13.5 billion, up 3% YoY from $13.2 billion. Nearly all segments were down with the exception of the Programmable Solutions Group, which was up 30% sequentially.
With the arrival of summer, BenQ has released a DLP projector designed to be taken on camping trips. The GS1 can be linked to a smartphone via Bluetooth to play streamed content (video or just audio), and has a three hour battery life, with a replaceable battery. Measuring 139 x 146 x 65.7mm and weighing … Read more
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
Computer graphics event Siggraph is ongoing at the time of writing, and several announcements have been made by both AMD and Nvidia. Unlike previous years, virtual reality was a focus of the 2016 show. AMD showed off three new workstation graphics cards – the first significant update to the lineup since 2014. The WX 7100, … Read more
Irdeto, a digital platform security specialist and analyst firm SNL Kagan have released a report covering global UltraHD video. The report (‘A Clearer Picture of Growth: 2016 Global 4K UHD Industry Survey’) finds that 64% of video service providers and 73% of content producers believe that consumers would pay 10-30% more to receive UHD content. … Read more
Partner Tech, a German POS vendor, has chosen Ingram Micro as its first pan-European distributor. Ingram will distribute in the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Israel, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
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