Breaking News

Razer expands its custom gaming keyboard lineup with the BlackWidow V4 Tenkeyless Hyperspeed Crucial UK - Amazon Prime Deals CORSAIR Introduces the FRAME 5000D AIDA64 released v7.70 Samsung Introduces Future-Ready Mobile Security for Personalized AI Experiences

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

LG Display, SK Hynix Benefit From Strong iPhone Sales

LG Display, SK Hynix Benefit From Strong iPhone Sales

Enterprise & IT Jan 28,2015 0

SK Hynix and LG Display - suppliers of memory chips and displays to Apple, posted record fourth-quarter profits mainly due to the soaring demand for Apple products. SK Hynix reported net income, excluding minority interest, of 1.62 trillion won ($1.5 billion) in the three months ended December, Icheon, South Korea-based SK Hynix said Wednesday.

High demand for Apple products, including large-screen iPhones and refreshed Macs, and stable component prices helped boost earnings at the world?s second-largest maker of memory chips.

South Korea's LG Display also reported on Wednesday its highest quarterly profit in almost four years, buoyed by robust demand for liquid crystal displays (LCDs).

LG Display said operating profit more than doubled for the October-December period from a year earlier to 625.8 billion won ($580.14 million). The company also reported revenue of 8.3 trillion won for October-December, up 17.8 percent from a year earlier.

TFT-LCD panels for TVs accounted for 36% of revenue in the fourth quarter of 2014, mobile device panels for 23%, tablet PCs 19%, monitors 14%, and notebook PCs 8%, LG Display said.

The company added that January-March panel shipments will likely fall by a mid-single digit percentage rate in sequential terms, while average selling price will remain stable.

Apple reported Tuesday that sales of iPhones in the December quarter rose 46 percent to 74.5 million units, topping analysts? estimates of 64.9 million.

Tags: SK HynixLG Display
Previous Post
Windows 10 Spartan browser To Get Extensions, Surface 2 Is Dead
Next Post
Yahoo To Spin-Off Remaining Stake in Alibaba Group

Related Posts

  • LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology

  • Securing a Future Market Lead Through OLED Technology Differentiation

  • LG Display to Showcase World's Best Solutions for Future Mobility at SID Display Week 2025

  • LG Display Becomes Worlds First to Verify Commercialization of Blue Phosphorescent OLED Panels

  • LG Display Earns Industrys First UL Solutions Eyesafe Verification for TVs and Monitors

  • LG Display Targets Gaming Market with OLED Monitor Panel

  • LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era

  • SK hynix develops ‘PS1012 U.2’, High Capacity SSD for AI Data Centers

Latest News

Razer expands its custom gaming keyboard lineup with the BlackWidow V4 Tenkeyless Hyperspeed
PC components

Razer expands its custom gaming keyboard lineup with the BlackWidow V4 Tenkeyless Hyperspeed

Crucial UK - Amazon Prime Deals
PC components

Crucial UK - Amazon Prime Deals

CORSAIR Introduces the FRAME 5000D
Cooling Systems

CORSAIR Introduces the FRAME 5000D

AIDA64 released v7.70
Enterprise & IT

AIDA64 released v7.70

Samsung Introduces Future-Ready Mobile Security for Personalized AI Experiences
Consumer Electronics

Samsung Introduces Future-Ready Mobile Security for Personalized AI Experiences

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

Soundpeats Pop Clip

Soundpeats Pop Clip

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed