Page 331 – Display Daily

Smartphone Shipments Decline for the Fourth Consecutive Quarter with 8.7% Drop in 2Q22 Shipments Amidst Global Uncertainty and Softening Demand, According to IDC

July 29, 2022 by Artem Alekseenko

Worldwide smartphone shipments declined 8.7% year over year in the second quarter of 2022 (2Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This marks the fourth consecutive quarter of decline for the smartphone market as shipments fell to 286.0 million units in the quarter, about 3.5% lower … Read more

Meta Loses $2.8 billion in the Metaverse

July 29, 2022 by Bob Raikes

What They Say Meta reported that in Q2 2022 its Reality Labs Division lost $2.9 billion in Q2 2022. Revenue was down by 35% from Q1 at $452 million. Despite the losses, CEO Mark Zuckerberg remains optimistic about the future of the metaverse and said, “This is a very expensive undertaking over the next several … Read more

Strategy Analytics: Apple Hits Best Second Quarter Global Smartphone Market Share in Ten Years in Q2 2022

July 29, 2022 by Artem Alekseenko

According to new research from Strategy Analytics, global smartphone shipments fell -7% YoY to 291 million units in Q2 2022. Samsung topped the global smartphone market with a healthy 22% share in Q2 2022. Apple ranked the second place with 16% share, the highest second quarter performance over the past ten years. Xiaomi, OPPO (including … Read more

Google Pixel 6a Camera & Display Score Release

July 29, 2022 by Artem Alekseenko

After undergoing both DXOMARK Camera & Display quality tests, the Google Pixel 6a demonstrated an excellent performance in camera (2nd position in DXOMARK High-End camera ranking, just behind the Google Pixel 6) enabling Google to rank its two devices in the top 2 of the segment, and a good display performance (4th position in DXOMARK … Read more

Samsung Electronics Announces Second Quarter 2022 Results

July 29, 2022 by Artem Alekseenko

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

Augmented Reality (AR) and Virtual Reality (VR) Market to Grow by USD 162.71 Billion, Driven by Increasing Demand for AR & VR Technology

July 28, 2022 by Artem Alekseenko

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

Covid, Inc. Supports the Future With 8K HDMI Cable

July 28, 2022 by Artem Alekseenko

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

OLEDs Continue to Do Well in Germany

July 28, 2022 by Bob Raikes

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

LG Display Updates on Q2

July 28, 2022 by Bob Raikes

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

Taiwanese Panel Makers Update on Q2

December 21, 2022July 28, 2022 by Bob Raikes

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

Samsung Electronics Announces Second Quarter 2022 Results

July 28, 2022 by Milos Pavlovic

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

Comcast Looking at Set Makers

July 27, 2022 by Bob Raikes

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