Sony held its Investor Relations Day this week in Tokyo, Japan, and the company is riding high, with earnings in its most recent fiscal year (FY 2018 ended March 31, 2019) nearly doubling to ¥916 billion ($8.2 billion) and improvements in multiple businesses.
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We've been waiting for this for a few months, and now we know we've got another seven weeks to wait but not longer. I received today a "Save the Date" e-mail announcing the date of the Groundbreaking Ceremony of the Wisconn Valley Science & Technology Park. The Ceremony will be held on June 28th, 2018 at the Foxconn site in Racine County, Wisconsin.
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We the long-awaited earnings releases of CPT and CEC Panda this week, we now have almost all the financial results of panel makers for Q4 2018, and we have compiled a comparison view as part of DSCC’s Quarterly Display Supply Chain Financial Health Report.
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Q4’18 equipment supplier financial data is often not released until the last day of March in Korea which causes a delay in releasing our aggregated look at quarterly results for equipment suppliers in our Quarterly Display Supply Chain Financial Health Report.
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Foxconn this week issued a press release announcing its intentions to break ground on manufacturing facilities at its complex in Mount Pleasant, Wisconsin, in what may have been an effort to deflect criticism that company efforts on the project are not progressing.
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DSCC has updated its Quarterly OLED Shipment and Fab Utilization Report for Q1, and the report contains a treasure trove of data for analyzing and understanding the OLED industry, some of which we will share here.
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DSCC has distributed its latest capex and capacity forecasts to its Quarterly Display Capex and Equipment Service customers.
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As expected, Huawei announced its first foldable smartphone, which it calls the Mate X, on Sunday February 24th, the day before the Mobile World Congress (MWC) started.
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Samsung wisely got the jump on the rest of the smartphone industry by holding a product launch in San Francisco on February 20th, 5 days ahead of the Mobile World Congress (MWC) show which starts on February 25th in Barcelona. Called Samsung Unpacked, Samsung wanted to make sure it introduced its foldable smartphone before Huawei and others and also got all the media’s attention on its S10 launch.
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It was a record week after the Chinese Lunar New Year for Chinese display stocks with: BOE rising 42% Tianma rising 36% Visionox rising 47% (will be added to our index next week) and TCL which includes CSOT rising 12%.
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