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Samsung Q1 Net Profit Down 39%

As expected, Samsung Electronics reported a 38.8% year on year drop in net profit in the first quarter of the year to KRW4.6 trillion ($4.3 billion), from KRW7.6 trillion ($7.1 billion) in Q1 of 2014. Turnover was 12.2% lower YoY at KRW47.1 trillion ($44 billion) from KRW53.7 trillion ($50.1 billion). Samsung’s display panel business achieved … Read more

LG Electronics Result 29/04/2015

LG Electronics recorded a net profit in the first quarter of the year of KRW38.4 billion ($35.7 million), which was 58% lower than last year’s Q1 net profit of KRW93 billion ($86.5 million) though significantly better than the previous quarter’s net loss of KRW206 billion ($191.6 million). Turnover in Q1 was flat year on year … Read more

Android Drives BenQ’s Smart Signage

BenQ’s new smart signage display (ST550K) is able to handle content creation and management, as well as multiple ways of getting content to the screen. The 55″ unit features BenQ’s X-Sign software, which can be used to customise, edit, manage and play digital content. It is intended as a plug-and-play solution, with 30 custom templates. … Read more

VerLASE Gets Patent for Breakthrough Color Conversion Technology

VerLASE Technologies announces new patent enabling multi-color microLED arrays emitting in green to red, and full color projection, through efficient downconversion of light based on a novel, wafer scale resonant structure around semiconductor Quantum Wells (QWs). The technology replaces phosphors, Quantum Dots (QDs) for color conversion in key applications. VerLASE Technologies announced today that US … Read more

Skyworth to Buy Metz TV Business

German premium TV company Metz has agreed a deal with China’s Skyworth, which will take over the ailing company at the beginning of June. Metz said that Skyworth will maintain its production and development site located in Zirndorf and has plans to strengthen and expand the Metz brand from there. At the same time, Zirndorf … Read more

Corning Result 06/05/2015

Corning Inc. recorded a first quarter net profit of $407 million on turnover of $2.26 billion, which compares with a net profit in Q1 of the previous year of $301 million on turnover of $2.28 billion. Corning’s Display Technologies segment reported core sales of $972 million, up slightly from last year’s first quarter. The company … Read more