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LG Display Announces Record Operating Loss

by Omid Rahmat

LG Display reported unaudited earnings for the three-month period ending December 31, 2022. Revenues in the fourth quarter of 2022 increased by 8% to KRW 7,302 billion ($5.914 billion) from KRW 6,771 in the …

Tags:Financial Data| LG Displays (LGD)

3M’s Down But Investing in Display Technologies

by Omid Rahmat

In 2022, 3M saw a 3.2% drop in revenues from the previous year, and a miss on earnings targets. As a result it is reducing its workforce by 2,500 because of the loss of …

Tags:3M| Financial Data| LCD| OLED| optical film

LG Releases Preliminary Earnings for Fourth-Quarter 2022

by Emory Kale

LG Electronics (LG) announced its preliminary earnings results for the fourth quarter and full-year of 2022. The company’s annual revenue for 2022 surpassed KRW 80 trillion for the first time in its history. LG …

Tags:Financial Data| LG Electronics (LGE)

Samsung Will Use Its Cash in 2023

by Omid Rahmat

The last major M&A deal of Samsung, the world’s largest memory chip and smartphone vendor, came in 2016, when it acquired U.S.-based Harman International Industries, specializing in connected car solutions, for US$8 billion. In …

Tags:Financial Data| Samsung

Innolux Sees a Drop of 36.1% From 2021 to 2022 with December Numbers

by Omid Rahmat

Innolux Corporation (“INX”) today announced its December 2022 unaudited consolidated revenue of NT$ 16.1 billion, a decrease of 0.4% MoM and a decrease of 39.2% YoY, respectively. During December 2022, INX shipped 9.75 million …

Tags:Financial Data| Innolux| LCD| LED| MicroLED| MiniLED

Daktronics Explains ‘Going Concern’ Audit Comments

by Bob Raikes

What They Say Daktronics said that qualifications added to the firm’s audit that suggested that there was doubt in its ‘ability to continue as a going concern’ and late filing of its annual report. …

Tags:Daktronics| Financial Data| Reorganisation & Restructuring

E Ink Projects Sales Growth in 2023 Based on US ESLs

by Bob Raikes

What They Say The Taipei Times reports that E Ink is optimistic that a boost in the take-up of Electronic Shelf Labels (ESLs) in the US next year will help its business which should …

Tags:E Ink| Electronic Shelf Labels (ESLs)| eReaders| Financial Data

Q3’22 Flat Panel Display Financials Highlight Wide Gap Between LCD and OLED

by Milos Pavlovic

What They Say In its blog (registration required), DSCC highlighted the difference in financial results between LCD and OLED makers, with an increasing ‘chasm’ between OLED-focused makers and those making LCDs. Q3 was the …

Tags:BOE| Display Supply & Demand| Financial Data| LG Displays (LGD)| Samsung Display| Supply Chain

Nvidia Down in Q3 FY 2023

by Bob Raikes

What They Say Nvidia’s results for Q3 of its financial yeat to the end of October, with revenue down 17% YoY and 12% QoQ to $5,931 with margin also down 11.6 points from last …

Tags:Financial Data| GPUs| Semiconductors

Sharp to Restructure SDP

by Bob Raikes

What They Say Sharp reported its quarterly and half year result to the end of September. Overall sales were up 3.3% year on year for the first half at $9.02 billion with profits down …

Tags:Financial Data| sharp