financials – Display Daily

The Second Quarter of 2024 Proved to Be a Good One for the Display Industry

by Shawnee Blackwood

Display companies saw a strong rebound in Q2 2024, with total revenues rising 12% QoQ and 10% YoY.

ODM Quanta to Invest $20 Million in Vuzix

by Shawnee Blackwood

Despite challenging financials results, Vuzix believes it is looking at improved results in the second half of 2024 and remains bullish about its long-term opportunities.

Tags:Augmented Reality| financials| Vuzix

Best Buy: A Harbinger of Meh Days Ahead for the Display Industry

by Omid Rahmat

Tablets did well but home theater did not.

Tags:Best Buy| financials| showcase| tablet| TV market

TCL’s Display Business Sees Over 40% Growth in Operating Income in First Half of 2024

by Emory Kale

A dragging photovoltaic business and a challenging demand environment for TV panels will force supply chain adjustments in second half of the year.

Tags:financials| TCL

BOE’s Revenues Grew Over 16% in First Half of 2024

by Emory Kale

Flush with cash, assets, and business, the company shows a profit, too.

Tags:BOE| financials| LCD| OLED

Xperi’s In-Cabin Entertainment Platform in Over 7 Million Vehicles

by Joseph Bryans

The holder of TIvo and Imax brands is looking to shore up its in-car and TV media platforms.

Tags:Automotive| financials| Xperi

UDC Lights Up Q2 with Explosive OLED Growth

by Joseph Bryans

Despite minor delays in the commercialization of phosphorescent blue, the overall outlook remains positive, supported by strong market demand and technological advancements.

Tags:blue OLED| financials| UDC

What Big Tech Says About Future Display Sales

by Omid Rahmat

Big tech’s second quarter results buoy up Wall Street but what’s in it for the display industry.

Tags:Apple| financials| meta| Microsoft| showcase

Corning Hedges on Display Technologies

by Joseph Bryans

Higher prices, currency-based negotiations and hedges will keep display business profitable.

Tags:Corning| financials

Innolux Second Quarter Breaks Losing Streak

by Emory Kale

After two years of losses the company sees its first profitable quarter while it continues to reassess its capital assets.

Tags:financials| Innolux

Samsung’s Display Businesses Thrive Despite Competitive Squeeze on Profits

by Emory Kale

Samsung Display Corporation (SDC) posted KRW 7.65 trillion ($5.6 billion) in revenue and KRW 1.01 trillion ($736 million) in operating profit for the second quarter.

Tags:DDI| financials| OLED| Samsung| Smartphones

LG Display’s Second Quarter Loss Reflects Demand Volatility

by Emory Kale

The company is focused on improving earnings through business structure upgrades and operational efficiency amidst what it sees as a volatile market conditions.

Tags:financials| LG Display