Dolby Laboratories Result 27/01/2016
Dolby Labs reported Q1 2016 net profit of $30.9 million, down from $41.4 million YoY, a decline of nearly 26%. Turnover for the period was $240.9 billion, up just under 3% from $234.2 million.
Atlona Opening China Office to Serve Asia
Atlona is to open an office in Hong Kong in February, to serve the Asian market. The office will cover China, Macau, Taiwan, South Korea and the rest of Southeast Asia – excluding Japan, India, Australia and New Zealand. Marco Wong has been named as the general manager of the new office.
Canatu Secures CNB Design Win
Canatu has secured a design win for carbon nanobud technology, with a customer in North America. The customer required flexibility, thinness and zero haze or reflections. Canatu designed a bespoke on-cell touch solution that combines a moisture barrier with the touch surface, and secured the ‘high volume’ order. More details will be revealed when the … Read more
Epson and Infocus Popular in December
PMA Research has announced the top-selling projectors in the USA in December. The company divides the results into three categories: ‘pico and personal’, ‘mainstream’ and ‘4,000+ lumen’. PMA’s top five list of 4,000+ lumen projectors comes from North American dealers and integrators. Sony led with its VPL-FHZ55/W, while Optoma took second and fourth spots with … Read more
LGD Will Retool LCD Lines for OLED
According to Japan’s Nikkei newspaper, LG Display will invest KRW850 billion ($718 million) in the LCD production lines at its Paju factory, in order to convert them to OLED. The retooling is scheduled for completion in 2017, and will increase LGD’s capacity for large OLED panels by 70%. This announcement is separate from last year’s … Read more
Sony Merges Playstation Units
Sony Computer Entertainment has been merged with Sony Network Entertainment, to form a new company called Sony Interactive Entertainment. The new company will deal with all of Sony’s Playstation business – hardware, software, the Playstation Store, Playstation Vue and more. Unlike Sony’s other businesses, SIE will have its headquarters in San Mateo, California, rather than … Read more
Huawei is 2015’s Smartphone Success Story
Worldwide smartphone sales reached new record levels at the end of 2015, thanks to multiple product offerings at all price points, in both mature and emerging markets. Preliminary IDC data shows that 399.5 million total units were shipped in Q4’15: 5.7% YoY growth, from 377.8 million in Q4’14. Over the course of the year, more … Read more
Samsung Sees Tough Pricing and Weak Smartphones
Samsung saw a drop in profits on a quarterly basis, and sees some tough times ahead with DRAM and LCD panels both under pressure from weaker prices. Over the year, profit was up 5.5% to $22 billion and turnover was $166 billion (See Finance Results for more details). Samsung’s LCD panels segment saw its earnings … Read more
Gou Goes Direct to Sharp Lenders
‘A person familiar with the talks’ has told the Taipei Times that Foxconn chairman Terry Gou is taking his case for the acquisition of Sharp (Foxconn Ups Sharp Offer) directly to major lenders to the Japanese firm. The sources said that he is trying to pre-empt an alternative deal with Japan’s INCJ. Gou apparently travelled … Read more
Corning Result 27/01/2016
Corning reported Q4 and full year 2015 financial results, with Q4 net sales at $2.2 billion, down just under 9% YoY. EPS was $0.17, down nearly 75% YoY. Net sales for the full year were $9.1 billion, down 6.2% YoY from $9.8 billion. EPS for the same period was reported at $1, down 42% YoY … Read more
Du Announces UltraHD for UAE
Du, a telecom provider in the UAE, has announced plans to launch its own UltraHD broadcast service. The company said that it has already agreed partnerships with several studios and facilities for content upgrades and UltraHD video production. The service is expected to be launched at the end of March.
STMicroelectronics Result – 28/1/2016
STMicroelectronics reported Q4 and full year financial results, with a $2 million net profit for the quarter. Turnover for the period was $1.67 billion. Full year 2015 net profit was $104 million. Turnover for that period was $6.9 billion. In addition to financial results, the company announced discontinuation of development of STB platforms, on account … Read more
