Financial Data – Page 11

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:Facebook/Meta| 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 …

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

Links Week Ending 22nd July 2022

by Bob Raikes

Every week we see some articles that don’t really need comment or are just plain interesting. Here are a few from the end of this week. Samsung launches 2022 The Frame & The Serif …

IPOs in the USA Way Down

by Bob Raikes

What They Say It’s not a display story, but there are plenty of start-ups in the industry, so I was interested to see this chart that highlights that raising funds via IPOs is very …

Tags:Financial Data| Investment

Taiwan Panel Makers Down, Still

by Bob Raikes

What They Say AUO and Innolux released their financial results for June. AUO was down 5.8% on May and 39% on June 2021 in revenue to $694 million. For the year, the firm is …

Tags:AUO| Financial Data| Innolux| Large LCD Supply| Taiwan