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Lenovo Result 03/02/2016

Lenovo reported Q3 2015 net profit at $300 million, a 19% YoY increase. Turnover was reported at $12.9 billion, an 8% decline YoY. Not including the effect of currency exchange rates, the decline would have been 2%. Enterprise computing increased 8% YoY while smartphone sales declined 18% YoY. Although the PC group saw declining sales, … Read more

Gartner: Smartwatches Will Pass Wristbands in 2016

274.6 million wearables will be sold worldwide this year, Gartner has predicted, up 18.4% from 232 million in 2015. These sales will generate $28.7 billion in revenues, of which $11.5 billion will be from smartwatches. Smartwatch adoption will grow 48% between 2015 and 2017, says Gartner research director Angela McIntyre. This growth will largely be … Read more

Innolux Result 02/02/2016

innolux

Innolux reported the worst quarter in three years with net loss of NT$6.72 billion ($199.52 million). Turnover for the quarter was NT$81.46 billion ($2.45 billion), a 29% YoY decline. For the full year, net profit fell 50% YoY to NT$10.82 billion ($325 million). Turnover for the same period was NT$364.1 billion ($10.95 billion). Total square … Read more

First UltraHD STB Launched in Russia

GS-A230-4K-STB

The GS Group has launched the first Russian digital TV set-top box to support UltraHD broadcasting: the GS A230. The STB is equipped with a WiFi modem for wireless connection to the home network and features an internal 1TB hard disk. It has DVB-S/S2 tuners and supports ‘all’ modern UltraHD TV standards, such as HEVC. … Read more

EC Proposes 2020 for 700MHz Switch

A proposal from the European Commission (EC) would require EU countries to release the 700MHz spectrum by the 30th June 2020, so that it can be used for mobile broadband and cross-border applications. This is a significant change to the ’20-25-30′ conclusion reached by the Lamy Report, which set a flexible deadline for the transition. … Read more

ISE is Round the Corner

Absen will be present on the largest stand it has ever taken at a European trade show. One of the standout products will be a real-time outdoor monitoring display called the L3. It is an IP65/54-compliant model with a 3.9mm pixel pitch; it has an integrated design and is aimed at advertisers. In addition to … Read more

Microsoft Will Kickstart Consumer Glass Market

According to Juniper Research, more than 12 million consumer smart glasses will be shipped in 2020, compared to less than 1 million this year. The market is about 15 months behind expectations, says Juniper, due to the withdrawal of Google Glass last year. However, the market should pick up in 2017, thanks to the launch … Read more

Hitachi Optimises Installation Images

Hitachi is launching a new projector series in Europe, shortly before ISE 2016. The 5000 series is a range of affordable installation projectors, with a focus on performance, image quality and reliability. Five models form the series: CP-WX5500 and CP-WX5505 (1280 x 800), CP-WU5500 and CP-WU5505 (1920 x 1200) and CP-X5550 (1024 x 768). All … Read more

Pixelworks Announces Resignation of CEO Bruce Walicek

Pixelworks, Inc., an innovative provider of video display processing technology, today announced that effective immediately Bruce Walicek has resigned as President and Chief Executive Officer and as a Director from the board for personal reasons. Mr. Walicek will remain as a consultant to the Company for a period of up to six months. Pixelworks’ Board … Read more