Monday, February 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google, Bing Agree to Help U.K. Fight Pirate Sites
Researchers Create Printed ICs that Can Stretch
SK Telecom to Unveil Live Streaming Platform for 360 VR at MWC 2017
Samsung Develops 5G Mobile Communication Chip
LG Display Confirms LCD Supply Deal With Rival Samsung
LG's G6 Smartphone To Feature A Wide-angle Dual Camera
New Samsung Galaxy Tab S Series To Include Windows Version
Researchers Introduce New Wireless Charging Technology
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Samsung Display Received Huge OLED Order by Apple
SK hynix Bids for Stake in Toshiba's Memory Chip Business
LG Display Is Setting Up First Production Lines for 10th Generation OLEDs
SK Hynix Chalks Operating Profit in 4Q, Outlines Plans For 2017
Apple Excluded LG Display From List Of iPhone 8 OLED Providers
SK Expands Semiconductor Business By Acquiring LG Siltron
LG Display Reports Stellar Q4 Earnings And Profit
More Reports Suggest A Glass Design for iPhone 8
SK Hynix Launches First 8GB LPDDR4X For Mobile Devices
LG Display To Supply OLED Panels To Sony
SK Hynix Inc. to Invest $2.7 billion In Cutting Edge NAND Flash Fabs
LG Display To Develop Foldable OLEDs For Apple, Google

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .