Samsung Elec. Q2 Business Profit KRW 8.14 Trillion…Display Turns Deficit into Surplus with Business Profit KRW 0.14 Trillion

Samsung Electronics today announced financial results for the second quarter ended June 30, 2016. Samsung’s revenue for the quarter was KRW 50.94 trillion, an increase of KRW 2.40 trillion YOY, while operating profit for the quarter was KRW 8.14 trillion, an increase of KRW 1.24 trillion YOY.
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LGD announces operating profit at KRW 44 billion in Q2 2016

LG Display announced its seventeenth straight quarterly operating profit at KRW 44 billion, which resulted from a thorough and profit-focused management based on differentiated technologies in response to difficult market conditions caused by continuing falls in panel prices and the aggressive expansion of LCD production capacity by Chinese panel makers.
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Chinese Gen8 LCD Line, Exceeding Korea…“Complementary Investment is Most Reliable”

In order to respond to the outpouring Chinese large area LCD, it is analyzed that carrying out investment to turn large area LCD line into OLED is the most reliable method.
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SDC Urgently Needs Additional Installation of 20-30K Gen5.5 Rigid OLED Line

In order to respond to rapidly increasing OLED smartphone demand, Samsung Display( SDC ) is analyzed to require additional installation of Gen5.5 rigid OLED line and V1 line move.
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Next 5 Years Global Gen8 LCD → OLED Complementary Investment USD 6,674 million…Korea 81%

For the next 5 years, 2016-2020, global Gen8 (8G) complementary investment ( LCD → OLED ) is expected to be total USD 6,674 million.
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Sharp Increase for Q2 LGD’s 65`` OLED Shipment… OLED TV Enlargement Gaining Momentum

LG Display sharply increased their Q2 2016 65 inch OLED panel shipment. It is analyzed that OLED TV is entering active market growth and enlargement stages.
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AUO , Q2 Sells More LCD Earns Less…Taiwanese LCD Industry Still Affected by Price Fall

LCD shipment of AU Optronics (AUO) in Q2 2016 increased but revenue decreased. AUO recently announced that they recorded revenue of NTD 80.09 billion (approx. USD 2,478 million) in Q2 2016. This is an increase of 12.6% from the previous quarter but down 13.2% from Q2 2015.
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LG Elec. Estimates That Consolidated Operating Profit Came to KRW 584.6 billion for Q2

LG Electronics Inc. (LG) today announced its preliminary earnings results for the second quarter of 2016
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Samsung Elec. Estimate That Consolidated Operating Profit Came to KRW 8.1 trillion for Q2 2016

Samsung Elec. announced its earnings guidance for the second quarter of 2016. Samsung Elec. estimates that consolidated sales came to approximately KRW 50 trillion, and consolidated operating profit of approximately KRW 8.1 trillion.
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Q1 New OLED Product, Smartphone·Wearable Rapid Increase…LG Maintains TV Monopoly

Of the new OLED display equipped products released in Q1 2016, smartphone and wearable products significantly increased compared to the same period in 2015. However, for OLED TV sector, no news was reported in Q1 other than LG Electronics’ new product.
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Panel Shortage for Chinese Smartphone Industry…Supply Discussion with Taiwanese Panel Companies

Recently, DigiTimes reported that Chinese smartphone companies are discussing supply with Taiwanese panel companies due to panel shortage. According to the report, executives of Chinese smartphone companies such as ZTE, Vivo, GiONEE, etc.
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Ambitious Foxconn, Buys Nokia Mobile Phone Business

Foxconn, which became a focus of global attention with the Sharp takeover, bought Nokia ’s mobile phone business.
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