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Mediatek has signed a letter of intent with Richtek Technology and plans to launch a tender offer for 35-51% of Richtek’s outstanding shares, valued at $310-$450 million. Having completed the tender offer, Mediatek plans to acquire 100% of Richtek’s stock, completing the deal by the second quarter of 2016. Ming-Kai Tsai, Mediatek chairman & CEO, … Read more
As forecast, Toshiba Corp. reported a net loss for last year of ¥37.8 billion ($311.9 million) on turnover of ¥6.6 trillion ($54.5 billion) and has re-stated its earnings for the last six years. Write downs to Toshiba’s net profit from the years ending March 2009 until March 2014, as well as the first three quarters … Read more
Radiant Opto-Electronic saw sales in August rise 48.3% sequentially and 33% year on year to NT$5.1 billion ($157.4 million), bringing sales to date to NT$27.3 billion ($842.8 million), down 13.6% compared with the same period of last year. Coretronic fared less well in August, reporting a 17% YoY drop in sales to NT$6.1 billion ($188.3 … Read more
Mediatek’s August performance was better than July, with sales rising 6.1% to NT$19 billion ($586.5 million), though this was down 3.3% year on year. Sales for January to August were down 5.4% from the same period of 2014 at NT$131.5 billion ($4 billion). The company is expecting sales in the third quarter to grow 10-18% … Read more
Now, just hours away from the the world’s best selling Smartphone next gen product launch, (Sept 9) rumors of a new 3D Touch Display are dominating the news for the newest iPhone (6S and 6S Plus ?) Apple’s Latest Press Invite to the new iPhone product launch now just hours away, where the company will … Read more
The SMPTE has published an interesting article on the debate about the broadcast industry’s leap forward into Ultra High Definition, saying that there now needs to be a discussion about the front end of the UHD transition, particularly the broadcast of live events. The full article can be read here.
ADB is a company we like to visit at IBC as it is often a pioneer in technologies. The company has performed something of a pivot, by moving away from making STBs and hardware to developing what it calls “Connected Solutions” and “Connected OS”. The company believes that it will be also be able to … Read more
At this year’s IFA show in Berlin (think CES for Europe), one of the big stories was the arrival of the first commercial OLED TV from Panasonic. Panasonic’s curved OLED has a lot of circuitry on the rearAlthough Panasonic has shown (very impressive) OLED TVs before, they had just been design and development exercises and … Read more
With Toshiba moving to Hall 12, TCL had more room at this year’s show – its stand had been doubled in size, to 1,700m². With the size of the TVs the company was showing, that extra space was sorely needed! At the centre of the stand was a curved 110″ UltraHD TV, with quantum dots … Read more
JVC Kenwood does not normally have new display products at IFA, instead focusing on audio, so we were pleasantly surprised to find enough interesting topics to take an hour of our time! The flagship – or at least the product bringing the most people to the stand – was a McLaren sports car, which JVC-K … Read more
Chunghwa Picture Tubes (CPT) saw sales in August increase 15.6% from July to NT$4 billion ($123.5 million), though this was 11% lower than August 2014. CPT’s cumulative sales so far this year reached NT$32.2 billion ($993.7 million), down 14.8% from the same period of last year. The company shipped 65,000 large panels in August, 33.7% … Read more
Hannstar Display saw sales and panel shipments fall in August, both month on month and year on year. Sales for the month of NT$1.3 billion ($40.1 million) were 5% lower than July and 27.2% down on August 2014, while cumulative sales so far this year declined 21.3% to NT$12.1 billion ($374 million). Hannstar’s shipments of … Read more
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