financials – Page 2 – Display Daily

Modern Display Businesses Don’t Scale Down

by Omid Rahmat

When is a display not a display said the Cheshire Cat to Alice.

Universal Display Corporation Reports Strong Q1 2024 Financial Results and Raises Revenue Guidance for 2024

by Joseph Bryans

An increase in volume shipments for OLED gives the company a healthy boost in income.

Tags:financials| Materials| OLED| UDC

ams Osram Announces Restructuring Following MicroLED Project Cancellation

by Joseph Bryans

First quarter losses, driven by Apple dropping out of MicroLED development, will impact 500 workers.

Tags:ams osram| financials| MicroLED

Tianma Reports Q1 2024 Results; Strong Growth in OLED Shipments Despite Financial Losses

by Emory Kale

The company showed remarkable growth in its flexible OLED mobile phone module shipments, increasing by over 250% compared to last year.

Tags:financials| OLED| Tianma

LG Display Reports Mixed Q1 2024 Results: Revenue Gains Amid Operational Challenge

by Emory Kale

Revenue distribution by product category shows that IT device panels, including monitors, laptops, and tablets, made up the largest segment, accounting for 40% of total revenues.

Tags:financials| gaming monitors| LG Display| OLED

BOE Revenue Drops in 2023, Display Profits See Small Uptick

by Joseph Bryans

BOE expects to give Samsung a run for its money with smartphone OLED panel sales.

Tags:BOE| China| financials| OLED

Ennostar Announces Sale of Zhunan MicroLED Plant for $21M

by Emory Kale

A weak economy and low utilization rates hit the company hard and require a reorganization and sale of assets.

Tags:Ennostar| financials| Manufacturing| MicroLED

Silicon Valley AR/VR Venture Capitalist Convicted of Fraud and Money Laundering

by Joseph Bryans

The convictions relate to the misappropriation of over $18 million from investors.

Tags:Augmented Reality| financials| VR

Merck’s Display Solutions Business Bounces Back in Q3’23

by Joseph Bryans

Sales bounced back last quarter for the display business unit, but the year still remains down.

Tags:financials| LCD| Materials| Merck| OLED

Despite Sluggish Display Demand, Sharp Returns to Profitability on Structural Reforms

by Shawnee Blackwood

Sluggish demand in smartphones, TVs, PCs, and automotive create challenges, but not for all displays.

Roku Delivers Strong Q3 Results As Margins Decline

by Shawnee Blackwood

YoY growth in video advertising on its platform outpaced both the overall ad market and TV advertising.

Tags:Advertising| Connected TV| financials| Roku

Apple Loses Some Shine With Q3’23 Financial Report

by Joseph Bryans

The company records another consecutive quarter of negative growth reminiscent of more challenging times not experienced since 2001.