Empowering display industry professionals with cutting-edge insights and analysis
LG Display Co. has reported its fourth quarter and full year results, posting a net profit in Q4 of KRW389 billion ($353.8 million) a year on year increase of 448% from KRW71 billion ($64.6 million) in Q4 2013. Turnover in the quarter increased by 18% YoY to KRW8.3 trillion ($7.5 billion). For the year, LGD … Read more
Magnetic 3D has produced a super-narrow bezel, glasses-free 3D display for use in videowalls. The ‘Empreza’ is a 46″ LCD display using a direct-LED backlight, lenticular 3D lens (also called Empreza) and a 5.9mm bezel. Benefits of the Empreza lens, according to the company, include a higher contrast ratio than previous products (3,500:1), more 3D … Read more
JCDecaux said that revenue in 2014 increased 5.1% year on year to €2.8 billion, compared with €2.7 billion in 2013. In the final quarter of the year, revenue was 8.8% higher at €389.3 million. In the company’s billboard business, revenues fell by 2.4% to €458.8 million. Europe (including France and the UK) was slightly down, as … Read more
Philips is reported to be planning to spin-off its OLED lighting business so that it can focus on LED-based connected systems and services. The news came as Philips reported disappointing results for both Q4 and the year, saying that 2014 had been a challenging year for the company. As a result, Philips said it is … Read more
Apple has reported record first quarter results, with turnover 30% higher year on year at $74.6 billion and a net profit of $18 billion, which was 37% higher. International sales accounted for 65% of the quarter’s revenue. The company said that its Q1 results were fueled by all-time record revenue from iPhone and Mac sales. … Read more
Sony is planning a further 1,000 job cuts in its loss-making smartphone business in Europe and China, in addition to the 1,000 job losses announced last October. Reports suggest that the main regions to be affected in Europe will be the UK and Sweden and that this latest round of cuts will mean that Sony’s … Read more
Acer in Europe has extended its Reliability Promise warranty, for SMBs, until the end of 2015. Customers purchasing a Travelmate notebook, B6 monitor, P5 projector or Iconia business tablet will have it repaired if it breaks within the first year, as well as a 50% refund.
Apple has finally provided an Apple Watch release date. Speaking during the recent earnings call, CEO Tim Cook said, “Development for Apple Watch is right on schedule, and we expect to begin shipping in April”. In related news, sources have told 9to5Mac that the product’s battery could last as little as 2.5 hours under heavy … Read more
Texas Instruments Inc. posted a fourth quarter net profit of $825 million on turnover of $3.2 billion, which compares with a net profit of $500 million on turnover of $3 billion in the final quarter of last year. For the year, TI’s net profit improved to $2.8 billion from $2.1 billion in the previous year, … Read more
Huawei has announced that it aims to sell 100 million smartphones this year, raising its sales by more than 30%. The company sold 75 million smartphones last year, a 40% YoY rise The company is targeting high-end ($300+) models and overseas markets to achieve the increase. Fueled by high-end unit sales (aiming to raise sales proportion from … Read more
Sharp will lower its TV panel production by 20% in Q1’15, according to the China Times, which itself quotes Japanese media coverage. Sharp’s business is struggling as competition rises in China, Taiwan and Korea. The company is now expected to reach 7 million TV panel shipments for its current fiscal year, ending in March.
TCL Multimedia shipped 16.6 million LCD TVs in 2014, slipping 3.5% year on year, falling short of its target of 17 million sets. However, sales of smart TVs increased 34.1% YoY to 3.7 million units. LCD TV sales in December were also lower, dropping 5.3% to just under two million units. In TCL’s home market … Read more
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