Sunday, April 19, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Moore's Law And The Software Industry
Adobe And Windows Zero-Day Exploits Likely Leveraged by Russians In Highly-Targeted Attack
Samsung Logo Removed From Japanese Smartphones
Google Is Getting Serious With Project Loon
New Technology Can Track Detailed Hand Motion
Office Universal apps Coming Next Month On Windows 10 for Phones
FCC Makes 150 MHz Of Contiguous Spectrum Available To Telecom Companies
Google Extends Chrome Support For Windows XP
Active Discussions
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
Need serious help!!!!
burning
 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
SK Hynix Starts 20 nm-level Production
SK hynix To Start Producing 20nm DRAM This Year
LG G Flex2 Smartphone Uses SK hynix LPDDR4 Memory
LG Display, SK Hynix Benefit From Strong iPhone Sales
LG Display Showcases Latest Technologies at CES 2015
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .