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Magnachip’s Display Business Down on Supply Shortages

Full-year revenue of $337.7 million decreased 28.8% YoY due to significantly lower display revenue as a result of severe 28nm 12-inch OLED wafer shortages that impacted 2nd half design-in projects from large panel customers in Korea and weak demand for Android smartphones that led to an inventory correction by smartphone OEMs. In addition, Magnachip closed Q4 with $61.0 million revenue, near the … Read more

Roku’s 70 Million Active Accounts Test its Ambitions for its TV OS

Roku continues to expand its reach and solidify its position as a leader in the streaming industry. Its Q4 2022 financial results show impressive growth in key areas. Total net revenue increased by 13% YoY to $3.1 billion, while platform revenue grew 20% YoY to $2.7 billion. Gross profit also saw a 2% YoY increase … Read more

Boxlight Launches New Mimio DS Series Large Format Display

Boxlight’s Mimio DS Series is a large format professional display complete with digital signage and meeting room system integration that can be used for both digital signage broadcasting and mirror casting for campus wide communication and meetings. This 4K UHD display is designed to enhance content delivery, create more opportunities for collaboration in meetings or … Read more

Eizo Releases First Lightweight 2K x 2K Primary Control Monitor with VESA 100 x 100 Compliance and Smart Technologies

Eizo announced the Raptor SQ2826 – a lightweight 28.1-inch primary control monitor with 2K x 2K (2048 x 2048) resolution for air traffic control (ATC). It is the successor model to the Raptor SQ2825. The Raptor SQ2826 is the world’s first 2K x 2K primary control monitor whose weight of just 9.2 kg, approximately 37% … Read more

China Smartphone Market Posts Good Start to 2023

China’s smartphone market has recorded a good start to 2023 driven by the restoration of normal social activities in the country after the COVID-19 wave in December. The Chinese New Year season also started earlier than usual this year, helping the weekly sales walk out of the trough at the beginning of 2023. At the start … Read more

AXT’s GaAs Wafers for MicroLED Ready for Late 2024 Ramp in Production

In an investor briefing, executives at the company were pleased to tout the progress the company was making with its 8-inch gallium arsenide (GaAs) wafer development. The company believes the product will be the cornerstone of microLED adoption across a range of consumer devices but doesn’t expect a ramp up until some time in 2024. … Read more

Flat Panel Display Manufacturing Capacity to Suffer its First-Ever Decline in 2023 Even as Demand Expands by 4%

Capacity used to manufacture OLED and LCD panels will decline in 2023 for the first time in the history of flat panel displays (FPDs), according to Omdia’s recently released OLED and LCD Supply Demand and Equipment Tracker. Even though the 2023 decline is small, it is significant considering that FPD capacity expanded continuously at a compound … Read more

Ctouch Launches Riva 2 Touchscreens for Education

Ctouch is proud to announce the successor to the immensely popular Ctouch Riva: Ctouch Riva 2, available in two models ‘R2’ and ‘D2’. The Ctouch Riva R2 is a state-of-the-art education technology solution, the perfect companion to the most modern of classrooms. The Ctouch Riva D2 is the best choice for schools looking for a cost-effective teaching tool. The … Read more