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US-based Arris Group is to acquire UK set-top box manufacturer Pace plc for a stock and cash consideration of $2.1 billion. The transaction will result in the formation of New Arris which will be incorporated in the UK, while its operational and worldwide headquarters will be the US. The combined group will employ 8,500 staff … Read more
The SMPTE Forum will take place on 7th and 8th May in Berlin, Germany. The title of this year’s event is ‘Entertainment Technology in the Internet Age: A European Perspective’. Register at http://tinyurl.com/q5ee5mo.
Qualcomm has reduced its turnover forecast for the year by $1 billion, attributing its decision to a “decline in share at a large customer” and the “increased impact of customer share shifts within the premium sector”. The company has missed out on supplying Samsung chips for its latest Galaxy smartphones and has also suffered because … Read more
The Society for Information Display (SID), in collaboration with IHS, today announced the final program for its Market Focus Conference on Touch, part of the Business Track being held during Display Week 2015 at the San Jose Convention Center from May 31-June 5. This one-day event on June 3 will feature industry-leading companies providing insights … Read more
IHS has conducted a survey of 4,000 people in the USA, China, Germany and the UK, intending to buy a new car within the next 36 months. Of these people, 90% own a smartphone – with “wide implications” for consumer behaviour while driving. Smartphones were also found to influence consumer expectations on how vehicles and … Read more
Samsung’s curved monitors have now reached the European market. They were launched in the UK earlier this month. The curved monitors include the SD590C (Samsung Matches Curve of the Eye), SE790C (Samsung Swaps PLS for VA) and SE590C/SE510C (No More Plasma for Samsung, But LED is New Category). All are fairly new – the oldest … Read more
The Society for Information Display (SID) and IHS have announced the programme for SID’s Market Focus Conference on Touch, which will be part of the SID Display Week (31st May – 5th June). The conference, on the 3rd June, will delve into the touch industry, covering topics such as ‘the right touch technology’, new touch … Read more
Deluxe and Technicolor announced today that they have entered into a binding agreement to create a new digital cinema joint venture, Deluxe Technicolor Digital Cinema, which will specialize in theatrical digital cinema mastering, distribution and key management services. This joint venture in digital cinema will bring together best-in-class technologies, personnel, work processes and facilities to … Read more
Texas Instruments Incorporated reported a strong start to the year, with a 33.4% increase in net profit in Q1 at $650 million from $487 million a year earlier, with turnover up 6.9% at $3.1 billion from $2.9 billion.
LG Display (LGD) returned to profit in the first quarter of the year, reporting a net profit of KRW476 billion ($439.8 million) having seen a net loss a year earlier of KRW82 billion ($75.7 million). However, turnover improved 26% to KRW7 trillion ($6.4 billion) from KRW5.8 trillion ($5.3 billion) and represents the company’s highest ever … Read more
The Motor Fuel Group (MFG), an independent forecourt operator in the UK, has extended its existing contract with Amscreen for five more years. The revised agreement will cover a screen technology upgrade in MFG’s initial 58 stations, as well as a roll-out of a new 24″ product with the Optimeyes audience measurement technology (possibly Amscreen’s … Read more
The UK’s Ocean Group has announced the acquisition of MediaCo Outdoor, a Manchester-based company specialising in OOH digital and backlight premium large formats. Ocean’s CEO Tim Bleakley said the acquisition will accelerate the company’s dual strategy of developing “ iconic digital and premium formats, and mirrors its acquisition of Signature Outdoor in Birmingham last year”. … Read more
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