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HP Announces Fiscal 2016 Financial Outlook

HP said that it expects to see a soft PC market for several quarters and “near-term market headwinds” over the period. The PC company intends to boost its commercial market share by offering “a cost focus coupled with great design and innovation” along with better segmentation. The company said the “Sprout” product (3D @ TCEA) … Read more

LG’s Flat OLED TVs for Sale in the U.S.

LG’s new flat OLED TVs have now appeared in the US market. The LG 55EF9500 (55EF950V in Europe) costs $3,999 against a list price of $5,500. The LG 65EF9500 (65EF950V in Europe) costs $5,999 against a list of $8,000. Pricing is the same as for the existing curved models. Although delivery is quoted at 3-5 … Read more

Amino Booxmedia Cloud VOD for RTL Belgium

Booxmedia of Finland, a member of the Amino group, has done a deal with RTL of Belgium to support an “end to end” cloud VOD platform. The new service will include transactional and subscription services, live streams and catch-up libraries branded as RTL “a l’infini” with around 1000 hours of content including children’s programming, Hollywood … Read more

MatrixStream OTT DVR Supports 4K

MatrixStream of California, said that it is rolling out a turnkey OTT network DVR system that can support 4K IPTV content. The system is said to be able to scale to support large numbers of clients using the firm’s own branded MatrixEverywhere IPTV players for Apple iPads, Apple iPhones, Android smartphones, Android tablets, PC players, … Read more

LG & SBS Test UltraHD via DTT

LG is working with SBS, a broadcaster, to transmit UltraHD content over DTT in Korea, using the ATSC 3.0 broadcast standard. The companies said that they demonstrated transmission and reception of 4K UHD and HD mobile signals simultaneously in a single 6-MHz channel as well as verifying the reception of HD transmissions in a fast-moving … Read more

ST to Lay off Staff in France?

Click for larger imageReuters reports that French unions have said that STMicroelectronics is considering laying off up to 1,000 of its 1,100 staff in France. The staff are said to be working in the “Digital Products Group” (DPG), which is responsible for the STB SoC business which represented 15% of ST’s revenues in FY14.