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Samsung Q1 profits fall on weak memory, display results, lower smartphone sales

2019-04-30 08:42:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics confirmed a sharp fall in profit in the first quarter, hurt by the drop in memory chip prices, losses at its display business and lower margins in smartphones after a revamp of its lower-end models. Samsung said it expects memory and display demand to improve from the second half of the year, but the smartphone and TV business will remain "challenging" due to the intense competition and uncertain economic environment.

Tags: results sales display lower

Japan Display confirms new financing deal with TPK investor consortium

2019-04-12 11:39:00| Telecompaper Headlines

(Telecompaper) Japan Display (JDI) has confirmed a new financing deal with Chinese and Taiwanese investors in order to improve its competitiveness on the smartphone displays market. The deal includes a partnership with Taiwan-based display maker TPK to strengthen its LCD business as well as funds from new and existing investors to develop in the emerging OLED market and new sectors such as automotive displays.

Tags: japan display deal investor

Report: Apple Is Gearing Up to Debut Mini-LED Display Tech

2019-04-10 19:02:06| TechNewsWorld

Apple plans to introduce a number of new products in the next two years that will sport a new display technology, according to master Apple watcher Ming-Chi Kuo of TF International Securities. Based on Kuo's predictions, which were reported widely on Tuesday, Apple will use new "mini LED" technology in three new products: a 31.6-inch monitor, a new iPad, and a new MacBook.

Tags: report display tech apple

Samsung warns for weaker Q1 results on downturn in display, memory markets

2019-03-26 11:17:00| Telecompaper Headlines

(Telecompaper) Samsung said it expects its results for the first quarter to come in below market expectations due to worse-than-expected business conditions in the display and memory industries. The company had already warned for lower earnings in Q1 on weaker performance at its memory chip business. Demand for memory products and OLED panels was expected to pick up from the second half of the year.

Tags: results display memory samsung