In news coming out of Asia, multiple Chinese panel makers are planning to build large production factories making OLED panels – mostly for the smartphone market. Motivated in part, by Apple’s commitment to the technology, companies like BOE Technologies – China’s largest panel manufacturer – has announced plans to launch an OLED factory capable of producing 10 million smartphone panels per month.
Asian Connection
Samsung Will Destroy All 4.3 Million Galaxy Note 7s
Company Makes Painful But Pragmatic Decision
Samsung Electronics is in the process of recalling their recently launched Galaxy Note 7 smartphone that came with the unusual feature of self-immolation included at no additional charge. The company’s initial production run was 2.5 million units. Then, trouble ensued and the company ceased production of that version. This was followed by the production of another 1.8 million “fixed” versions. Now…they are all recalled and the model has been cancelled.
What is Samsung going to do with 4.3 million defective smartphones? Destroy them… [Read more…] about Samsung Will Destroy All 4.3 Million Galaxy Note 7s
Panasonic Going Global With…Wait for It…OLED TV
Is Panasonic Back in the Consumer TV Business?
Panasonic Corp., in a sharp departure from its previous TV strategy, launched an OLED TV in Europe last fall, using panels procured from LG. At the IFA 2016 show in Berlin that just wrapped up this week, Panasonic announced that they would start making their OLED TVs available in other markets, starting next year.
This is a big announcement.
See more on this new player in the OLED game… [Read more…] about Panasonic Going Global With…Wait for It…OLED TV
Sharp in Negotiations to Buy Back Building Sold Only Months Ago
New Owner’s Moves Continue to Confound the Japanese Media
News comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.
See more on this new course reversal from Sharp’s new managers… [Read more…] about Sharp in Negotiations to Buy Back Building Sold Only Months Ago
Promoters of 8K Broadcasting in Japan Admit They’re Getting Pushback
A consortium of companies in Japan, including large public broadcaster NHK, this month began testing a broadcast system of 8K TV signals via broadcast satellite (BS) channels. This test of an 8K broadcast system has been in the works for a couple of years now, as the country races to prepare for Ultra High Definition broadcasting of the upcoming Tokyo Olympics in 2020.
But promoters of the system admit they are getting significant pushback. Why? Read on to see what the detractors are saying.
See who is pushing back and what they say are significant and unaddressed concerns…. [Read more…] about Promoters of 8K Broadcasting in Japan Admit They’re Getting Pushback
Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz
Sharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.
See more on this major planning flip-flop by Sharp… [Read more…] about Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz
LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.
See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
LCD Kingpin Sharp, Under New Management, Pursues OLED
Sharp to Cut Another 7,000 Employees
Big changes are coming to Sharp, Corp. in the wake of their acquisition by Hon Hai Precision Industry Co – better known as Foxconn. News out of Japan notes that the deal between Sharp and Foxconn officially closes at the end of this month. According to both parties, the acquisition is proceeding smoothly and is fully expected to close on time.
But Foxconn has big plans for big changes at Sharp… [Read more…] about LCD Kingpin Sharp, Under New Management, Pursues OLED
In Search of Profits, Panasonic Pulls Out of LCD Panel Production
In yet another sign of Japan’s struggle with the flat panel TV business, Panasonic Corp. will stop all LCD panel production at its last such factory. Reports out of Japan say the company has determined that competition from Korea and China will forever preclude it from earning a profit in the panel production business. Many in Japan suggest that this news represents the end of an era of Japanese dominance in the TV business.
But is Panasonic pulling out of the TV business?… [Read more…] about In Search of Profits, Panasonic Pulls Out of LCD Panel Production
Oh-Oh! In Wake of Sharp Purchase, Foxconn’s Orders are Dropping
The ink was barely dry on their $3.5 billion dollar acquisition of troubled Japanese giant Sharp Corp., when Foxconn’s CEO Terry Gou was forced to admit that overall orders for goods produced by the Taiwanese OEM manufacturer are dropping. Gou was essentially pressed to make the admission by China’s Premier Li Keqiang on Tuesday.
