Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Mobiles > LG Disp...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 26, 2012
LG Display, SK Hynix Expect New iPhone To Help Their Recovery


SK Hynix and LG Display have both reported losses for the quarter and hope that Apple's new iPhone 5 help the component makers recover.

Apple is expected to release its latest iPhone in October, although the company itself has provided no timeline. As the top buyer of components such as screens and chips, Apple will help both Sk Hynix and LG Display sell their supplies and recover from limited demand.

LG Display reported a wider-than-expected quarterly loss Thursday, hit by a U.S. price-rigging penalty ($380 million) and weak demand for TVs. The South Korean display panel maker said it lost 112 billion won ($98 billion) in the April-June second quarter, much worse than the expected 28 billion won loss.

LG Display, which supplies panels to Apple and its affiliate LG Electronics, believes the tough market situation will not improve any time soon. The company hopes that shipments for Apple's new iPad will increase in the third quarter and will start supplying panels for Apple's new iPhone.

SK Hynix Co., which also supplies mobile chips to Apple, sank to a quarterly loss as oversupply battered mobile chip prices while demand for personal computers weakened. The company said Thursday its net loss totaled 53 billion won ($46 million) in the April-June period on revenue of 2.6 trillion won.

Hynix blamed a steep drop in prices of NAND flash memory, which goes into smartphones and tablet computers.

Although Hynix gets around 40 percent of its dynamic random access memory chip revenue from global PC makers including Dell and Hewlett-Packard Co., upcoming launches of new personal computers, timed for the release of Microsoft's Windows 8 operating system, Google's Nexus 7 tablet PC launches around the world and new smartphones such as Apple's next iPhone could lift demand, according to the company.


Previous
Next
ARM Teams Up With UK Companies To Offer Design Recommendations On Smart Devices        All News        Rambus Loses US ITC Case
Nokia Scraps Meltemi Software: report     Mobiles News      Samsung Galaxy S3 Loses Functionality After 'Stability' Update

Get RSS feed Easy Print E-Mail this Message

Related News
iPhone 6 Plus Captures Great Portion Of US "phablet" Sales
SK Hynix Reports Record Profit
SK Hynix Develops High Density 16GB NVDIMM
Apple iOS 8 Coming On Wednesday
SK hynix Develops The Fastest Mobile DRAM
SK Hynix Says Chip Sales Remain Slow
UHDTVs Boost LG Display Profit
LG Display to Invest 700 bln Won On OLED Production
Micron, SK Hynix May Invest In Taiwan SSD Controller Companies
MediaTek, SK Hynix, AMD, and Micron Sales Surge in 1Q14
August Launch For iPhone 6: report
SK Hynix Develops First 128GB Module Built On 8Gb DDR4

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 .