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The New York Times has announced that it plans to distribute 300,000 Google Cardboard viewers to select digital subscribers this month. The viewers can be used to watch a 3D film by the NYT, ‘Seeking Pluto’s Frigid Heart’. The film was developed with the Lunar and Planetary Institute and the Universities Space Research Association. It … Read more
China’s LeEco (formerly LeTV) has formally opened its new 7,400m² North American headquarters in San Jose. As well as being able to house 800 employees, the facility will be the future home of LeEco’s autonomous driving research centre: the LeFuture AI Institute.
Amazon reported Q1 2016 net profit of $513 million, compared to a net loss of $57 million in same quarter of the previous year. Turnover was $29.1 billion, up 28% YoY from $22.7 billion. Fire tablet sales doubled compared to the previous year quarter.
Pixelworks reported Q1 2016 net loss of $8.6 million, up 152% YoY from $3.4 million. Turnover was $11.2 million, down 23% YoY from $14.4 million. Inventory adjustments in emerging markets and a $4.3 million restructuring charge impacted turnover and net profit respectively.
There has been a steady decline in the adoption of gaming consoles in several European markets, while others have remained flat. According to Parks Associates, the continued uptake of mobile gaming, and the availability of games on streaming media devices, have contributed to this trend. France, Spain and the UK have experienced falling console figures, … Read more
Peerless-AV has appointed Johannes Scholz as its new distribution account manager for the DACH region. Scholz joins Peerless from Ricoh Deutschland, where he looked after sales of the company’s entire solutions portfolio. He also worked at Lexmark, Littlebit Technology and Avnet. In his new role, Scholz will be responsible for growing distributor relationships across DACH.
IHS has released its PriceWise data, which contains an analysis of LCD panel prices in March and April. Notebooks PC brands continued to seek lower prices, even on bundle deals, in March. These deals have already been completed to secure volumes, or receive volumes at short notice. Most panel makers have lowered production of HD … Read more
IHS has released its PriceWise data, which contains an analysis of LCD panel prices in March and April. TVs The earthquake in Taiwan this February (Earthquake Rocks Taiwan Production Base) continues to affect the supply chain. Low production yields for new panels – especially for Korean panel makers, which have adopted thinner glass and new … Read more
S[quadrat] GmbH, a German LED display maker, has developed a series designed to replace outdoor LCD screens. The ‘Ocean’ series complements the existing ‘Sky’ range, which are designed for indoor use. Ocean-series modules are available with 3.9mm, 4.9mm, 6.25mm and 7.8mm pixel pitches. They have a high refresh rate and – says the company – … Read more
Garmin reported Q1 2016 net profit of $103 million, down 8% Yoy from $111 million. Turnover increased 7% YoY to $624 million from $585 million. Despite the contraction in operating margin from 19.1% to 16.6%, the overall improvement across virtually all segments helped maintain the net profit.
LG Display has said that it will invest KRW450 billion ($391.4 million) to build production capacity for flexible OLED displays and lighting panels in South Korea. KRW310 billion ($270 million) will go towards increasing flexible OLED capacity and KRW140 billion ($121.8 million) to building a dedicated OLED lighting production line.
Chromebooks have for some time laboured under the stigma of being known as under-powered devices. There is a reason for this: they are primarily designed for education, which does not require premium processors, and storage largely takes place in the cloud. HP is seeking to change perceptions with the launch of a new model featuring … Read more
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