Tuesday, July 29, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
China Starts Anti-monopoly Investigation For Microsoft
Apple's MacBook Pros Now Come With Faster processors And More Memory
Rhapsody Now Has 2 million Subscribers
LG Starts Selling Its 105-Inch Curved UHDTV
Motorola Said To Make Google's Next Phablet
Apple-Beats Deal Cleared By Europe
New Ultrastar SAS Solid-state Drives Offer Up To 1.6TB Capacities
PNY Releases Coin Sized Micro M2 Flash Drive
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 > Optical Storage > Zoran f...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, January 16, 2005
Zoran faces DVD write-down charges and poor Q4 sales


Zoran said Wednesday (Jan. 12) it would take a non-recurring charge of between US$13 million and US$15 million in the fourth quarter ended December 31, 2004 to correct excess DVD inventory.

The company added that it would also incur a US$1 million to US$2 million restructuring charge related to a decision to discontinue development efforts on CMOS image sensor products and that fourth quarter revenues are expected to be at the lower end of its previous guidance of US$73 million to US$78 million. Losses are now expected to be below previous guidance the company said.

"Continued declines in average selling prices as well as the worldwide inventory correction occurring in the DVD market have driven the preliminary results we are announcing today," said Levy Gerzberg, Zoran's president and chief executive officer, in a statement. "We believe that as we transition to newer generation products and sell through of our products picks up in the supply chain, Zoran will return to revenue growth and profitability."


Previous
Next
Double-layer meets 100% bus-powered        All News        Panasonic, Olympus in d-SLR alliance
Double-layer meets 100% bus-powered     Optical Storage News      Philips crackdown on DVD royalties issue may benefit FVD players

Get RSS feed Easy Print E-Mail this Message

Related News
CSR PLC to Merge With Zoran
Zoran and Software Imaging Launch New Universal Driverless Printing Solution for Smartphones and Tablets
Zoran Demonstrates New 3D, IPTV and Blu-Ray Technologies at IFA 2010
Zoran Licenses RealD 3D Format
Zoran Ships New HDTV Processor
Zoran Demonstrates Integrated HDTV 1080P Processor With HDMI 1.3
Zoran Demonstrates APPROACH Multimedia Processor Platform
Zoran Demonstrates Second Generation HDXtreme 2 DVD Upconverter with Integrated 1080p HDMI At CES 2007
Zoran to Power First Digital Camera with HDMI
Zoran Settles with MediaTek, UMC
MediaTek Signed Patent License Agreements with Zoran Corporation
Zoran Introduces Vaddis 9 Family of DVD Multimedia Processors

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 .