Samsung Electronics today announced financial results for the second quarter ended June 30, 2016. Samsung’s revenue for the quarter was KRW 50.94 trillion, an increase of KRW 2.40 trillion YOY, while operating profit for the quarter was KRW 8.14 trillion, an increase of KRW 1.24 trillion YOY.
LG Display announced its seventeenth straight quarterly operating profit at KRW 44 billion, which resulted from a thorough and profit-focused management based on differentiated technologies in response to difficult market conditions caused by continuing falls in panel prices and the aggressive expansion of LCD production capacity by Chinese panel makers.
In order to respond to the outpouring Chinese large area LCD, it is analyzed that carrying out investment to turn large area LCD line into OLED is the most reliable method.
For the next 5 years, 2016-2020, global Gen8 (8G) complementary investment ( LCD → OLED ) is expected to be total USD 6,674 million.
CYNORA, a leader in blue TADF (thermally activated delayed fluorescence) materials, has appointed Dr. Andreas Haldi as its Chief Marketing Officer. With his strong technical and business experience, Andreas Haldi will reinforce CYNORA in the forthcoming commercialization of its high performance blue OLED materials.
LG Display sharply increased their Q2 2016 65 inch OLED panel shipment. It is analyzed that OLED TV is entering active market growth and enlargement stages.
Intel, LG Display, Dolby Laboratories, Audi and more slated to preset at the OLEDs World Summit 2016
As the next generation TV technology, QLED is becoming an issue in media. This is because Samsung Electronics selected QLED TV as the next product after the currently selling SUHD TV.
LG Electronics Inc. (LG) today announced its preliminary earnings results for the second quarter of 2016
Samsung Elec. announced its earnings guidance for the second quarter of 2016. Samsung Elec. estimates that consolidated sales came to approximately KRW 50 trillion, and consolidated operating profit of approximately KRW 8.1 trillion.
Kateeva today announced two executive promotions: Conor Madigan, Ph.D. adds Chief Operating Officer (COO) to his current role of President, and Eli Vronsky becomes Chief Product Officer.
VR(virtual reality) technology is rapidly expanding to manufacturing industry as well the contents sector such as films and games. In particular, technologies including 3D rendering and motion technology, fused with VR, are anticipated to create synergy in diverse areas such as product design, architecture, facility management, etc.
UDC announced today that it has entered into an agreement to acquire Adesis, Inc. Adesis is a privately held contract research organization (CRO) with 43 employees specializing in organic and organometallic synthetic research, development, and commercialization.
Plenty of VR related contents and software products were exhibited in Manufacturing World Japan 2016 (22-25 June).
Transmedia presented Drop in VR which is a platform which allows users to create, manage and publish VR contents. The user-created 3D modelled contents can be uploaded to the Drop in VR server, and edited by adding music, clips, and other functions.
At Manufacturing World Japan (22-25 June, Tokyo Big Sight), 4D movie was demonstrated through Gear VR.
Dynamo Amusement, a contents company, showed their VR contents Megalodon, and used Samsung Electronics’ Gear VR and Galaxy S6 for demonstration.
Reed Exhibitions Japan Ltd., the largest trade show organiser in Japan, announced that Manufacturing World Japan 2016, Japan’s leading trade show for the manufacturing industry, is coming back at Tokyo Big Sight from June 22 – 24, 2016 with the largest scale in its history.
With diverse merits, OLED application is increasing to include notebook, tablet, monitor, etc. Accordingly, Samsung Display’s OLED panel is being actively expanding to this market.
Samsung Display’s recently revealed 5.5 inch 806 ppi AMOLED is expected to contribute to the expansion of the global VR (virtual reality) market as well as providing synergy for both Samsung Electronics’ future VR and smartphone business.