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Samsung Electronics reported financial results for the second quarter ended June 30, 2022. The Company posted consolidated revenue of KRW 77.2 trillion, a record for the second-quarter, and operating profit of KRW 14.1 trillion, a 12% increase from a year earlier. The DS (Device Solutions) Division reported a historical high in quarterly revenue for the … Read more
The augmented reality (AR) and virtual reality (VR) market size is expected to grow by USD 162.71 billion, progressing a CAGR of 46 % from 2020 to 2025, according to Technavio’s latest market report. Technavio categorizes the global AR and VR market as a part of the global application software market within the global IT … Read more
Celebrating its 40th year as the premier industry-trusted connectivity supplier, Covid Inc. announced the latest HDMI cable to its vast portfolio, the EC-HD31 8K HDMI non-plenum cable. Backward compatible for 4K/60 4:4:4 resolutions, the new 15-foot high-quality 48-Gbps HDMI cable supports ultra-high-speed 8K@60 (7680×4320) 4:4:4 deep color sampling as well as 8K100/120, 10K50/60, and up … Read more
What They Say The GfU released its data for the TV market in Germany in the first half of 2022 and reported that volume fell by 17% compared to 2021 at 2.3 million sets. The ASPs increased by nearly nine per cent to around €706, so value was down by 10% to €1.6 billion. OLEDs … Read more
What They Say LG Display held its quarterly conference call and confirmed that it had underperformed its guidance with revenues down 13% QoQ and 19% YoY from a combination of continued disruption in China from lockdowns, weak demand and falling prices. As a result, there was a not loss of $293 million and operating loss … Read more
What They Say AUO and Innolux announced their June and Q2 results. AUO saw sales down 22.9% on a quarterly basis and 34% annually to $2.1 billion and with an operating loss of $155 million. TV sales dropped to 16% of revenues, which are only just above the 14% from automotive (up from 8% a … Read more
What They Say Samsung Electronics said that Q2 saw its revenue rise to a record level at $59.3 billion with operating profits of $10.8 billion, up 12% on last year. SDC (Samsung Display Corporation) saw record second-quarter revenue and operating profit for mobile displays driven by solid demand from major customers. Performance in the large … Read more
What They Say Protocol Entertainment said that Comcast has looked at acquiring Vizio or another TV maker and has even looked at and talked to TP Vision, the licensee for Philips TVs in Europe. The thought is that the firm could use a brand to develop and promote its sets based on the streaming first … Read more
What They Say Economist Paul Kedrosky’s Daily Graph service has turned up another interesting one on US financing. This time, he has found a chart showing that US VCs are continuing to raise large amounts of funding. What We Think I have heard several times this year that although there are VC funds are available, … Read more
In yesterday’s Display Daily, I mentioned that the Invidis Yearbook had alerted me to an interesting development by Microsoft. The firm has included a new arrangement for Teams displays called Front Row that is optimally viewed in 21:9 format. It got me thinking about that shape of display. Front Row is a special layout for … Read more
Samsung Electronics UK Ltd. has announced that you can claim a complimentary Samsung Galaxy S22 Ultra when purchasing any 2022 Neo QLED 8K TV between 20th July and 16th August 2022[1]. Equipped with ultra-sharp lights, extreme contrast and jaw-dropping detail, the Samsung Neo QLED 8K TVs allow you to enjoy spectacular details whilst watching your … Read more
Samsung Electronics announced a new partnership with LIFE Picture Collection to expand the dynamic collection of art it offers consumers through its award-winning Lifestyle TV, The Frame. LIFE Picture Collection is a visual archive of the 20th century, capturing more than 10 million photographs of historically significant figures and moments in time. Samsung Art Store … Read more
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