Universal Display Corporation( UDC ), enabling energy-efficient displays and lighting with its Universal PHOLED technology and materials, today reported financial results for the second quarter ended June 30, 2016.
LG Electronics recently announced 77 inch OLED TV, and its factory price at KRW 41 million received much attention. With the diverse public opinions regarding this, OLEDNET looked into price trend of TV of similar size.
In Q2 2016, Taiwanese panel industry recorded decreased small to medium size LCD panel shipment and increased shipment of 9 inch or bigger large size panel.
Samsung Electronics continues to drive the smartphone market with the Galaxy Note7 by building on the company’s category-defining leadership with innovative features that set a new standard for large-screen devices.
Boosted by OLED TV sales increase, LG Electronics’ Q2 business profit increased by approximately 140%.
LG Electronics Inc. (LG) announced second-quarter 2016 operating income of KRW 584.6 billion (USD 503.10 million), nearly 140 percent higher than the previous year, from strong performance by the Home Appliance & Air Solution and Home Entertainment companies, both reporting the highest quarterly operating profit in LG’s history.
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.