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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
Mitsubishi Electric Corporation has released its full year results, posting a net profit for the year of ¥234.6 billion ($1.9 billion) on turnover of ¥4.3 trillion ($36 billion), which compares with a net profit in the previous year of ¥153.4 billion ($1.3 billion) on turnover of ¥4 trillion ($33.5 billion).
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
LCD TV shipments reached a record monthly high in March, despite several factors curbing market growth. According to IHS, inventory adjustments caused TV brands to lower their panel orders in Q1. However, a strong push for TV brands to fulfil their panel facilitation plans – combined with a cross-marketing push by panel makers – meant … Read more
Panasonic Corporation has released its results for the year, recording a 49% year on year increase in net profit to ¥179.5 billion ($1.5 billion) from ¥120.4 billion ($1 billion) in the previous year, on turnover that was flat YoY at ¥7.7 trillion ($64.5 billion). Sales in Panasonic’s AVC Networks unit were also flat YoY, at … Read more
Verlase Technologies has patented its Chromover wavelength conversion technology. According to the company, Chromover enables full-colour micro-LED arrays for near-eye displays. The technology is said to be able to replace phosphors and quantum dots (QDs) for colour conversion in ‘key applications’. Chromover can convert colours from inexpensive and widely-available blue and violet light sources (such … Read more
OLEDWorks has reached an agreement with Philips to buy selected parts of its OLED light source component business. Financial details were not disclosed. Philips will establish a new legal entity and transfer into it key parts of its OLED business, including the production facility located in Aachen, Germany, and relevant intellectual property. All shares of … Read more
In its latest earnings call, AUO revealed that its 1.4″ circular OLED display will be shipped in Q2’15; the unit has already been qualified by a Tier-1 Chinese customer (possibly Huawei, which is also rumoured to be taking a similar unit from Everdisplay: see Everdisplay Linked to Huawei).
The Dow Chemical Company has released its first quarter results, posting a net profit of $974 million on turnover of $12.4 billion, which compares with a net profit of $964 million on turnover of $14.5 billion in the first quarter of last year. Despite the good results, the company reported a drop in sales of … Read more
Three Blackberry phones have been leaked on Chinese Weibo. The ‘Slider’ or ‘Venice’ is said to have a sliding keyboard, curved 5.1″ screen (2560 x 1440) and front-facing speaker. The phone will also have an octa-core CPU and 3,650mAh battery; it is due to be launched in the autumn. Next is a successor to the … Read more
GoPro has announced an agreement to acquire Kolor, a specialist in virtual reality and spherical media solutions, for an undisclosed sum. Spherical media enables a range of immersive viewing experiences and is an essential building block of virtual reality. Kolor’s solutions enable users to combine multiple photographs or videos to produce high-resolution panoramic or spherical … Read more
The UK’s Audio Visual Material (AVM) has signed a new distribution agreement with Toshiba which will see the company offer Toshiba’s FullHD large format displays in the UK. The range includes the TD-E, TD-Z and TD-X series, spanning sizes from 55″ to 70″.
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