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The NPD Group has signed a definitive agreement, to sell its DisplaySearch and Solarbuzz businesses to IHS Inc. The deal is subject to customary closing conditions. Completion is expected in or around the second week of November. DisplaySearch, which Display Monitor’s parent company Meko often works with, is a market researcher focusing on the display … Read more
Japan Display (JDI) has issued a revised forecast for this year and said it now expects to record a net loss of
Microvision has entered into a $1.5 million agreement with an unnamed Fortune Global 100 customer, for display module services. The companies will focus on commercialisation activities over several phases, including production readiness, initial production and market launch of the module.
As forecast, Samsung reported its weakest quarterly operating profit for three years, following a steep decline in earnings from its IT and mobile divisions. Operating profit of KRW4.1 trillion ($3.8 billion) was 60% lower than Q3 of last year and this was the fourth consecutive quarter of declines. Turnover for the quarter was also lower … Read more
Amazon.com Inc. reported a net loss in the third quarter of the year of $437 million, compared with a net loss in Q3 of last year of $41 million. Turnover for the quarter increased 20% year on year to $20.6 billion from $17.1 billion a year earlier. In the first nine months of the year, … Read more
Corning Incorporated posted a net profit in Q3 of $1 billion on turnover of $2.5 billion, which compares with a net profit of $408 million on turnover of $2 billion in Q3 a year earlier. Corning’s net profit for the first nine months of the year reached $1.48 billion from $1.54 billion for the corresponding … Read more
Cree Inc. has announced its first quarter results, reporting a 38% drop in net profit to $29.5 million from $47.3 million in the first quarter of the previous year. However, turnover improved year on year, rising to $427.7 million from $391 million a year earlier.
Ingram Micro posted a net profit in Q3 of $72.2 million on turnover of $11.2 billion, while a year earlier the company’s net profit was $78.9 million on turnover of $10.1 billion. In the year to date, Ingram Micro’s net profit fell to $147.7 million from $198.4 million, though turnover improved year on year to … Read more
Innolux Corporation reported a net profit for the third quarter of NT$7.3 billion ($239.9 million) on turnover of NT$113.1 billion ($3.7 billion), which compares with a net profit of NT$685 million ($22.5 million) on turnover of NT$97.2 billion ($3.2 billion) for the third quarter of last year. The company’s net profit for the first nine … Read more
LG Electronics has announced its third quarter results, posting turnover of KRW14.9 trillion ($14.3 billion) for the quarter, an increase of 7.4% year on year from KRW13.9 trillion ($13.3 billion), while net profit for the quarter was 86.7% higher at KRW202.6 billion ($193.6 million) from KRW108.5 billion ($103.6 million) in Q3 of the previous year. … Read more
Microsoft Corporation’s first quarter net profit fell 13.4% to $4.5 billion from $5.2 billion in Q1 of the previous year, though turnover increased 25.2% to $23.2 billion from $18.5 billion.
Renesas Electronics Corporation has announced its results for Q2 and the first six months of the year. The company’s net profit for the second quarter was
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