LG has released its earnings statement for the Q2 2012 period, the claim of “turning a corner” in Q1 has just managed to hold up as it registered net profits of 8 million, up 46 percent from the same period last year. Revenues, while higher than Q1, were actually down from last year and blamed on declines in featurephone sales and slow sales of IT products. The mobile division also struggled after a strong Q1 and took an operating loss, however the positive takeaways are a rising percentage of smartphone shipments and plans to launch new LTE-connected models in North America (we’ve spotted the likely Spectrum 2 for Verizon already), Europe and Asia later this year. The good news for the home theater segment continued however, with an operating profit of more than double last year at 7.5 million despite slightly lower sales due to an increase in sales of premium products like its Cinema 3D HDTVs, which it expects to become the “top global seller” in the 3D segment. There’s more details in the press release after the break or PDF linked below if you need more numbers.
Posts Tagged ‘loss’
Panasonic’s yearly earnings are in and the red ink added up to a record .7 billion net loss for 2011. Number one on incoming president Kazuhiro Tsuga’s list is turning around the company’s TV division, where its heavy investments in both plasma and LCD manufacturing resulted in heavy losses. Currently the company expects a better result in both next year after 2011′s write downs and restructuring, although its projections see total sales falling from 17.3 million last year to 15.5 million. Panasonic is expected to follow Samsung and LG into large screen OLED HDTV production and outgoing prez Fumio Ohtsubo mentioned it would likely look for a partner there. Sumitomo has been rumored as a potential ally in the past, though a preference for run-flat tires could not be confirmed at press time.
The Q3 numbers for LG are in, showing its cellphone unit lost money for the sixth straight quarter, with profits coming from the home appliance and air conditioning units. On the home entertainment side, it shipped more flat panel TVs than ever before (6.8 million) and despite lower revenues managed to improve operating profit by selling more of its high end Cinema 3D and LED-lit HDTVs. Unfortunately for the mobile division, sales were down 8.5 percent from last year and the company recorded a 8.47 million operating loss. Making things worse, Reuters reports its rival Samsung is expected to report strong profit in mobiles on Friday, and pass Apple as the world’s biggest smartphone seller on the back of its Galaxy S line. We don’t know if LG will be able to turn things around anytime soon, but giving the Optimus LTE an Ice Cream Sandwich finish and shipping it sooner rather than later couldn’t hurt.
I want to tell you about what I saw yesterday that could have major implications for LCD HDTVs. A new technology from 3M can save weight and drive out all sorts of cost from large LCD panels.
A typical panel for an LED edgelit LCD has a reflective layer in back along with a bunch of free-standing optical films: a light guide, diffusers, collimators, and so on. 3M has come up with a way to use a single, multi-layer optical film that is applied directly to the back of the LCD panel, the rear reflector, and nothing else. The air gap between the two layers does a far more efficient job of mixing the light from the LEDs, creating a uniform backlight.
The most obvious advantage is that it eliminates 90% of the light management materials, which can amount for as much as 6.6 pounds in a 55-inch set. That saves material and assembly costs, as well reducing shipping costs due to the lower weight. So far, so good.
But designers can also use fewer LEDs for the edge light. The standard spacing is 12 mm between LEDs; anything less, and you get a “headlight” effect where you can see bright spots for each LED along the edge of the panel. The 3M solution mixes the light better; the company has demonstrated a uniform backlight with LEDs spaced 60 mm apart. Wider spacing means lower assembly costs and possible improvements in heat management.
The better mixing also means that less expensive LEDs can be used. Instead of the expensive binned units with precisely the desired color temperature, a mix of “warmer” and “cooler” LEDs can produce the same color backlight for less money.
This new technology has additional advantages that will help designers wring even more cost out of LCD displays, which will make consumers happy as it will help continue the downward price trend that we have come to expect.
We’ve been monitoring a growing thread on Apple’s support discussion forums where users are complaining about their recently acquired Apple TV only outputting 480p after updating the OS to 4.1 last week. That’s obviously a big step down from the 720p resolution touted at launch, and if the plight of these posters is indicative of anything, it seems the perpetrating update has somehow changed the HDMI resolution negotiation of the device — which rears its ugly head in specific setups. Speaking of setups, though the issue was originally shared by a user who directly connected the device to their TV via HDMI, it appears the vast majority of posters are using an HDMI-to-DVI cable. This latter complaint offers an easy out for Cupertino since the Apple TV’s fine print clearly states DVI isn’t supported — meaning if it worked perfectly with the previous OS, it was just a lucky coincidence. So how bout’ it readers? Are any of you experiencing this issue with your shiny new hockey puck without involving DVI? Let us know in the comments below.