Acer A Long Way Down in July
by Bob Raikes
What They Say Acer published its sales for July and saw sales of $582 million – that’s down by 33% by our calculation on $870 million in July 2021. For the year to July, …
Tags:Acer| Financial Data
SES Under Pressure
by Bob Raikes
What They Say SES, the bellwether for the satellite broadcast industry, reported its financials and noted that the video division was down 7% YoY although revenue from its HD+ service and Sports and Event …
Tags:Financial Data| Satellite
HannStar Display posts small profit for 2Q22
by Bob Raikes
What They Say Congratulations to Hannstar that actually got to a profit in Q2 of $630K although revenues were down by 9% from Q1 at $150 million with a gross margin of 11%. Second-quarter …
Tags:Financial Data| Hannstar (Hannspree)| LCD Fabs
LG Electronics Sees Profits in Q2
by Bob Raikes
What They Say LG posted a profit of $260 million for Q2, up from a loss last year, on sales of $14.86 billion. The result was a bit lower than the guidance and analyst …
Tags:Financial Data| LG Electronics (LGE)
Intel Posts $500 Million Loss for the First Time in Decades as Sales Drop 17%
by Bob Raikes
What They Say Intel has had a horrible week after announcing last week that Mediatek would become a customer for its foundry business. (Intel and MediaTek Form Foundry Partnership) First, the firm reported sales …
Tags:Financial Data| GPUs| Intel
TCL Reports 10.15m Global SmartTV Shipments Over The First Half Of 2022
by Bob Raikes
What They Say TCL in its half year business update quoted by HDGuru, said that it has sold 10.15 million sets in the first half after Q2 2022 was up 8.9% on Q1. In …
Tags:Financial Data| Market Data| TCL| TVs (TV Sets)
Meta Loses $2.8 billion in the Metaverse
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 …
Tags:| Financial Data| Virtual Reality
LG Display Updates on Q2
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 …
Tags:Financial Data| large displays| Large LCD Supply| LG Displays (LGD)| OLED TVs| OLEDs
Taiwanese Panel Makers Update on Q2
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 …
Tags:AUO| Financial Data| Innolux
Samsung Electronics Announces Second Quarter 2022 Results
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) …
Tags:Financial Data| Samsung| Samsung Display
US VC’s Fundraising is Very Strong
by Bob Raikes
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 …
Tags:Financial Data| USA
Display Fab Schedules Pushed Out on Market Weakness
by Bob Raikes
What They Say DSCC published a blog outlining how the current low fab utilisation in the LCD business and weak demand is forcing panel makers to review their capacity plans, or at least their …
Tags:Financial Data| Large LCD Supply| LCD Fabs| OLED Fabs
