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Philips Wins “Li-Fi” Project

In its quarterly financials, Philips mentioned a project that it had undertaken in Q2 with Carrefour in Lille, France. Carrefour, a major French supermarket, has installed 2.5 kilometre (800 linear units) of LED light fixtures that transmit location data to customers’ smartphones and is detected by the camera. Carrefour has an app (Promo C’ou) that … Read more

Sky Result 29/07/15

Sky described its results for the year as “outstanding”. The company saw profit for the year of £1.95 billion ($3.0 billion), up from £865 million ($1.35 billion) last year, on revenue which rose to £9.99 billion ($15.6 billion) from £7.45 billion ($11.64 billion). Following the acquisition of Sky Italia and Sky Deutschland in November, the … Read more

LG Electronics Result 29/07/15

LG Electronics recorded Q2 net profits of KRW226.4 billion ($193.1 million), down from profits of KRW411.8 billion ($351.2 million) last time, on turnover which fell to KRW13.9 trillion ($11.9 billion) from KRW15.1 trillion ($12.8 billion). For the six months there were profits of KRW264.8 billion ($225.8 million), a drop from KRW504.4 billion ($430.2 million) a … Read more

Nintendo Result 29/7/15

Nintendo posted Q1 net profits of ¥8.3 billion ($66.4 million), compared with losses in the same period last year of ¥9.9 billion ($79.5 million), on revenue which rose 21% to ¥90.2 billion ($723.2 million) from ¥74.7 billion (598.7 million). The company attributed the improvement to increased game sales coupled with foreign exchange gains.

UMC Result 29/07/15

Chipmaker, United Microelectronics Corp. (UMC), recorded its highest quarterly net profit for two years of TWD4.6 billion ($145.7 million), up from TWD3.5 billion ($110.3 million) in the same quarter last year, on revenue which increased to TWD38.0 billion ($1.2 billion) from TWD35.9 billion ($1.1 billion). For the half year there were profits of TWD8.6 billion … Read more

TPK Result 30/07/15

Touch panel supplier TPK Holding Co. posted Q2 net losses of TWD618 million ($19.6 million), compared with profits of TWD323 million ($10.2 million) in the year-ago period, on revenue which fell 23% to TWD23.74 billion ($751.9 million) from TWD30.7 billion ($972.4 million). For the half year, there were losses of TWD1.6 billion ($51.7 million) on … Read more

MediaTek Result 31/07/15

Fabless semiconductor company Mediatek Inc. saw Q2 net profits of TWD6.4 billion ($201.8 million), a drop of 49% from TWD12.5 billion ($397.1 million) in the same period last time, on revenue which fell 13% to TWD47.0 billion ($1.5 billion) from TWD54.1 billion ($1.7 billion). For the six months there were profits of TWD13.6 billion ($431.3 … Read more