financials – Page 4 – Display Daily

Microsoft Reports Strong Growth in Q1’23, Moderate Increase in Xbox Content and Services Revenue

by Shawnee Blackwood

Microsoft demonstrated strong growth in Q1’23, with revenue, operating income, and net income all showing positive results compared to the previous fiscal year.

Tags:financials| Microsoft| xBox

LG Display Targets 70% Market-to-Order Revenue Share, Focusing on Automotive, OLED & Mobile Panels Amid Q1’23 Slump

by Emory Kale

The company plans to focus on advancing its market-to-order business, which currently accounts for over 40% of its revenue.

Tags:Automotive| financials| LG Displays (LGD)| OLED

Corning Reports Q1’23 Results, Expects Sales Growth in Q2 Amid Tough Market Conditions

by Shawnee Blackwood

Corning reported Q1’23 sales of $3.2 billion, and core sales of $3.4 billion, both declining 7% sequentially. Display Technologies’ sales declined 3% sequentially, while Optical Communications’ sales decreased 6% sequentially. Environmental Technologies’ sales increased …

Tags:Corning| display technology| financials| Gorilla Glass

Q1’23 Display Manufacturing Results Heightens Need for Automotive Breakoff Businesses

by Omid Rahmat

Automotive display manufacturing may have to be disconnected from other markets to take full advantage of the growing opportunities for new products.

Tags:Automotive| DSCC| financials| Innolux| LGD

Samsung’s YoY Guidance for Q1’23 Means a 98.6% Drop in Profits, 19.3% Drop in Sales

by Emory Kale

Samsung holds significant power over South Korea’s economy and is looking at financial results that it has not experienced in over a decade and a half.

Tags:financials| Samsung

TCL Raised Margins on Displays and Grew Market Share in 2022

by Emory Kale

The company has seen significant improvements in the shipment of TCL smart screens with larger sizes, quantum dot/MiniLED, and high refresh rates.

Tags:financials| Large Display Monitor| Smart TV| TCL