Wednesday, July 30, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung And Apple See Their Smartphone Market Shares Plunging
Twitter Says Its User base Increased
Microsoft Details Windows Phone 8.1 Update, Brings Cortana To New Markets
Facebook to Shut Down Gifts Service
Netflix To Pay AT&T For Smooth Video Delivery
Lite-On To Showcase New Enterprise Storage Solutions
Sharp Develops Brighter LED for LCD Backlights
Microsoft Releases The Sharks Cove, A Raspberry Pi Alternative
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Digital Cameras > Primax ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, October 19, 2004
Primax Electronics exits digital-camera business, reduces LCOS optical-engine output


Primax Electronics has announced it will close its digital-camera production lines at its subsidiary in China, as well as reduce production of LCOS optical engines by its subsidiary Primax Display in Taiwan.

The Primax board of directors made the decision during a meeting on October 18, based on the considerable losses the company has suffered from its digital-camera business. In addition, the company now has a more pessimistic outlook on the LCOS segment since leading manufacturers have slowed down their R&D.

Primax Electronics suffered a pre-tax loss of NT$221 million in the first half of this year. The company will set aside about NT$400 million to cover the loss in value from digital-camera stock and related losses.

The company will now focus its production on MFPs (multi-functional peripherals), phone-camera modules and high-end scanners, chairman Raymond Liang indicated.

Samsung, Primax Electronics? main digital-camera ODM client, will shift the Primax orders to its other two Taiwan ODM makers, Ability Enterprise and Minton Optic Industry.

From DigiTimes



Previous
Next
Intel's dual-core Xeon due in 2006        All News        Yuan to give up graphics-card business, focus on multimedia products
BenQ Unveils Ultra-Slim DSC E43 & E53 with LTPS LCD Screen     Digital Cameras News      Olympus 'm:robe' Mixes Music Player with Digital Camera

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Primax Electronics may sell DSC business unit to Ability Enterprise

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .