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BOE Display has been granted a CNY124 million ($20.2 million) subsidy towards its G8.5 OLED fab in Hefei by the local government. The subsidy will be recognised as deferred income. BOE’s facility is currently a pilot line, although this investment suggests that the company wishes to use it for mass production. The company’s total investment … Read more
IBM has agreed to pay Globalfoundries $1.5 billion over the next three years to take over its loss-making semiconductor business. IBM announced earlier this year that it was looking for a buyer for the chip unit and said that it was in talks with Globalfoundries as a potential buyer (Display Monitor Vol 21 No 7). … Read more
There have been rumours circulating this week suggesting that Lenovo is close to signing a deal to acquire Blackberry. Two sources in the Canadian press reported the rumours, saying that an offer could come as soon as this week. Lenovo has been linked to Blackberry before, when it was reported a year ago that Blackberry … Read more
TPK Holding has dismissed rumours that Hon Hai Precision is investing in the business and also denied reports that there had been changes made to its management. Reports had suggested that Hon Hai was seeking to take a stake in the touch panel business and that it would appoint a number of executives to TPK’s … Read more
We have another bumper issue for you. I’ve been back in the office this week, catching up with lots of things that needed doing after five event visits in the same number of weeks. One of the tasks I’ve been working on has been to unify the websites we have and the production processes that … Read more
Apple has reported its fourth quarter and full year results, recording a net profit of $8.5 billion on turnover of $42.1 billion, which compares with a net profit of $7.5 billion on turnover of $37.5 billion in Q4 of last year. Apple’s net profit for the year reached $39.5 billion on turnover of $182.8 billion, … Read more
Celestica Inc recorded a net profit in the third quarter of $41.5 million on turnover of $1.5 billion, which compares with a net profit in Q3 of last year of $47.2 million on turnover of $1.4 billion. Celestica’s cumulative net profit to date was down 21% year on year at $110 million from $139 million … Read more
Google Inc. posted a net profit of $2.8 billion on turnover of $16.5 billion in the third quarter, which compares with a net profit of $2.9 billion on turnover of $13.7 billion in Q3 of the previous year. Google’s net profit in the first nine months of the year improved slightly to $9.7 billion from … Read more
IBM posted a third quarter net profit of $3.5 billion on turnover of $22.4 billion, which compares with a net profit of $4.1 billion on turnover of $23.3 billion in the third quarter of last year. In the first nine months of the year, IBM’s net profit was $10.2 billion on turnover of $68.7 billion, … Read more
Intel Corporation’s third quarter turnover improved 8% year on year to $14.6 billion from $13.5 billion a year earlier, as the company reported that it had achieved record quarterly unit shipments of processors for PCs, servers, tablets, phones and Internet of Things, the first time Intel has shipped more than 100 million microprocessors in a … Read more
LG Display (LGD) has reported its third quarter results, posting a net profit of KRW354 billion ($334.1 million) on turnover of KRW6.5 trillion ($6.1 billion), which compares with a net profit in Q3 of last year of KRW240 billion ($226.5 million) on turnover of KRW6.6 trillion ($6.2 billion). The company’s operating profit in Q3 was … Read more
Nanoco Group plc has released its preliminary results, posting a net loss for the year of
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