2012/04/20
GMI Technology Announces 4th Quarter And Full Year 2011 Financial Results - Net Profit Increases 42%
GMI Technology Inc. (Public, TPE: 3312) today announced financial results for the 4th quarter and fiscal year 2011. For the quarter ending December 31, 2011 net revenue was US$ 99.3 million, an increase of 6% over the previous quarter. For the twelve month period ending December 31, 2011 net revenue was a record US$ 398.2 million, an increase of 4% versus 2010. For the same twelve month period after-tax profit was US$ 4.6 million for the year, an increase of 42% versus 2010. Over the past decade GMI Technology is net revenues have increased an average of over 27% per year, among the leaders in their business segment. Commenting on the announcement, Lewis Lo, president of GMI Technology said, “We are pleased with both our top line revenue growth and bottom line profitability in 2010. Our top line growth was significantly affected by the flooding in Thailand affecting our HDD business, a rapid decline in memory prices, and the continued very challenging worldwide economic situation. GMI Technology was able to overcome these challenges with prior operational and strategic actions taken to improve our competitiveness, resulting in our bottom line net profit growth far exceeding our top line sales revenue growth.…
more
2012/04/10
Intersil's 40V Quad Precision Amplifiers Feature Lowest Noise, Low Power Consumption
ISL28407, ISL28408 and ISL28417 Provide Bias Current Drift 30 Percent Lower than Competitive Products Milpitas, CA - January 26, 2012 - Intersil Corporation (NASDAQ Global Select: ISIL) today expanded its family of precision amplifiers, introducing a set of 40V low power, high ESD products that provide excellent DC accuracy and noise performance. These new quad amplifiers are ideally suited for 12-bit to 24-bit process control, instrumentation and data acquisition applications. Designed on Intersil's PR40 advanced bipolar process, the ISL28407, ISL28417, and ISL28408 all meet the low noise requirements for high gain front ends in industrial control designs while reducing total power consumption for high signal count applications. The ISL28407 operates from 4.5V to 40V with an ultra-low bias current drift of 0.3pA/°C over temperature (-40°C to +85°C), which is 30 percent lower than competitive quad precision amps. The ISL28407's low offset of 90uV maximum and offset drift of 0.8uV/°C maximum provide high DC accuracy over temperature. It features an industry-leading combination of low power (290uA maximum per channel), 1MHz bandwidth, low input bias current drift (0.3pA/°C) and low noise (13nV/√Hz @ 1kHz). The ISL28417 is designed for sensor front ends, DAC buffering, precision voltage regulation or low noise instrumentation applications…
more
2012/03/14
Toshiba to Launch the World-Fastest Class SDHC Memory Cards
Starting new brand of SDXC and SDHC memory cards compliant with UHS-I TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it will launch a new line of high performance SDXC and SDHC memory cards under a new brand name, EXCERIA™[1], that will bring to market SD memory cards offering the highest performance levels available. EXCERIA, a combination of "excellent" and "experience" offers cards compliant with the SD Memory Card Standard Ver.3.0 UHS-I[2], and includes versions offering the world-fastest class[3] data transfer speed[4]. The new products will be launched from April in Japan, with distinctive labeling. The SD memory card has emerged as the data storage card of choice in all kinds of personal digital equipment. As the performance of digital equipment has advanced, SD memory cards offering faster data transfer speeds are necessary to support such functions as recording HD movies, continuous image shooting with digital camera and short transfer times when copying data to other devices. Toshiba's EXCERIA SDXC and SDHC memory cards will offer fast data read and write speeds and full compliance with the SD Memory Card Standard Ver.3.0 UHS-I. The minimum recording speed is compliant with UHS speed class 1[5] and SD speed class 10[6]. Products…
more
2012/02/29
Toshiba Signs Agreement with Western Digital on Acquisition of HDD Manufacturing Equipment and Transfer of HDD Manufacturing Facility
TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it has entered into a definitive agreement with Western Digital Corporation (NYSE: WDC) on Toshiba's acquisition of certain of Western Digital's 3.5-inch HDD manufacturing equipment and related intellectual property, and the transfer to Western Digital of Toshiba Storage Device (Thailand) Co., Ltd. (TSDT), Toshiba's wholly-owned HDD manufacturing subsidiary located in Thailand. Toshiba and Western Digital aim to complete the acquisition and transfer by March of this year after obtaining approval from the relevant authorities. Under the agreement, Toshiba will acquire the following equipment and intellectual property from Western Digital.1) Manufacturing equipment for 3.5-inch HDDs for use in desktop PCs and other consumer applications, plus related intellectual property; and2) Manufacturing equipment for near-line [1] HDDs for server applications. Toshiba also has agreed to transfer to Western Digital its entire shareholding in TSDT. Toshiba's acquisition of assets from Western Digital and the transfer of TSDT to Western Digital are subject to Western Digital's completion of its pending acquisition of Hitachi Global Storage Technologies and regulatory approvals from the relevant antitrust authorities. The global market for HDD and other storage devices is expected to see sustained demand growth, driven by the continued diversification of devices requiring storage,…
more
2012/02/23
AUO Green Ark Project Aims at 25% Carbon Reduction by 2015 (2012.02.23)
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced the launch of Green Ark Project. To promote green, energy saving, and zero electronic waste concepts. AUO's Green Ark Project includes the continuous practice of green innovation within AUO by targeting a 25% reduction of carbon emissions in all fabs by 2015. Meanwhile, AUO devotes itself to encouraging green thinking among students and sharing the world's leading green experiences with industry players. By working together with the industry and academia, AUO continuously makes efforts in environmental sustainability. AUO's Green Ark Project is a three-year project with involvement of government, industrial sectors, and academia. AUO wishes to call for the industry's and students' participation. “AUO has long been implementing AUO Green Solutions. As an industry leader, AUO continues to practice energy saving and lower carbon emissions,” said Paul Peng, President of AUO. “We hope to advocate AUO's green experiences and green thinking to the public. AUO encourages students and industry players to develop more green innovations and to build up the Ark of sustainable environment with AUO together ” Since the inception of “AUO Green Solutions” in 2008, AUO has been a dedicated green practitioner of sustainable operations.…
more
2012/01/12
GMI Technology Acquires Sinotech Electronics
GMI Technology Inc. (Public, TSEC: 3312) today announced that they have acquired Sinotech Electronics Ltd., a Hong Kong based company. Sinotech Electronics was established in 1995 as a semiconductor distributer, and emerged into a company that could also provide software and turn-key solutions to a range of market segments, focused primarily on China based manufacturers. The integration of the two companies is complete and Sinotech will now operate as a wholly owned subsidiary of GMI Technology As part of the acquisition all key Sinotech customers, vendors, and employee staff joined GMI Technology Commenting on the announcement, Joseph Tong, vice president of GMI Technology New Business Development said, “We are very excited to add the assets of Sinotech to our company. They bring immediate new customer and vendor partners to GMI Technology Their expertise in the Home Appliance market fits well with one of our key strategic initiatives. The fact that both GMI Technology and Sinotech have engineering resources located in Wuhan, China has given the partnership a fast start. Shipments of products previously under Sinotech have already started in volume by GMI Technology We are optimistic about what this new partnership brings to our valued customers and we will continue…
more
2012/01/06
Syndiant Introduces First HD .37” Microdisplay Solution
Displays High Definition 720p Video – for Pico Projection Market DALLAS – (January 6, 2012) – Syndiant, a leader in high resolution microdisplays for pico projectors, is expanding its product line with the introduction of a new breakthrough chip set solution that includes the SYL2271 HD display panel and the SYA1231 controller. “The consumer electronics market has rapidly transitioned to High Definition and our customers have been demanding HD resolution for pico projection products. The end consumer views lower resolutions as a significant compromise,” said Keith Lewis, President Syndiant. “Syndiant’s passion is to enable the pico projector market by providing the world’s smallest microdisplays with the highest resolution and the smallest form factor.”The SYL2271 provides 1280 x 720 resolution with a .37” display diagonal and fits into a package that is only 7.75 mm high, enabling it to fit into very thin products, including embedded applications. Fujitsu, a long-standing Syndiant partner, developed the world's first 130 nm LCOS technology which was essential for the development of the SYL2271 imager. "Fujitsu is very pleased to extend our relationship with Syndiant as they continue to develop innovative products for the exciting pico projector market," said Steve Della Rocchetta, Vice President, Fujitsu Semiconductor America, Inc.The…
more
2011/11/14
GMI Technology Announces Quarterly Financials - Net Profit Increases 24%
GMI Technology Inc. (Public, TPE: 3312) has announced financial results for the 3rd quarter of their fiscal year 2011. For the three month period ending September 30, 2011 net revenue was US$ 93.5 million, a decrease of 7% versus the same period in 2010. After-tax net profit for the three month period was US$ 908K, an increase of 24% versus the same period year ago. For the nine month period ending September 30, 2011 net revenue was a record $US 299M an increase of10% versus the same period in 2010. Commenting on the announcement, Lewis Lo, president of GMI Technology, said, “We are pleased with our strong improvement in our net profit, especially in light of the challenging worldwide economic situation. Our net revenue results were disappointing from a year over year standpoint, but on a year to date basis we are on track to our business target for 2011. Despite the continued difficult worldwide economic environment, coupled with the potential impact of the Thailand flooding on the HDD business, GMI Technology continues to be optimistic about our long term future growth.”
more
2011/10/20
AUO Demonstrates New Generation Mobile Display Technologies at Japan's FPD International 2011 (2011.10.20)
AUO’s 12.3-inch LCD car display has many features, including a wide viewing angle, high contrast ratio, fast response time and anti-reflection design. AU Optronics Corp. (AUO) (TAIEX: 2409; NYSE: AUO), a global leading display total solutions provider, today announced its next generation of mobile display technologies, including a 4.29-inch qHD high resolution display using Hyper LCD technology, a 4.46-inch 1 mm narrow border display, a 6-inch transparent AMOLED display with high transparency, a smart phone display with 53% in energy-savings, and a 12.3-inch LCD car display with free-form cutting. These state-of-the-art mobile technologies are perfect for cellphones, tablets, vehicle dashboards and other related mobile devices and will all be showcased at FPD International 2011 in Japan. “AUO is dedicated to providing innovative, advanced, and environmentally friendly display total solutions to customers for high value-added, vivid images” said Paul Peng, President of AUO Display Business Operation. “Mobile Display is closely related to customers’ daily life applications. Our research team has developed cutting-edge technologies for high brightness, wide viewing angles, as well as transparent and fashionable narrow border designs. Combined with energy-saving functions, win-win situations are being achieved in terms of both technology and environmental sustainability. ” Smartphone Display: High Resolution, Low…
more
2011/08/31
AUO's Display Business Reconfiguration Aims for Integrated Value-added Services(2011.08.31)
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its new organizational arrangement. Due to the transformation of the global display market and the emergence of new products and applications, Display Business Operation led by Paul Peng will be divided into three business groups, namely Video Solutions, Mobile Solutions, and Touch Solutions. Integrated total solutions will be offered for clients and end customers to enjoy customized value-added services. Executive Strategic Planning Division will also be established to help visualize the future of the Company from a macro perspective. The new organization will become effective from September 1, 2011. The new organization has Display Business Operation divided into three pivotal sections with their own production, research & development, and sales & marketing functions. Dedicated solutions are proposed respectively for video display (with applications to LCD TVs, desktop monitors, etc.), mobile display (with applications to smartphones, car displays, notebooks, tablet PCs, etc.), and touch panel products. Value-added services that integrate hardware, software and interface are in turn provided to customers, in line with market demand. The core business groups will all fully grasp the industry's pulse and introduce new technologies hoping that highly efficient, focused and differentiated services…
more
2011/08/26
GMI Technology Increases Revenue 34% In 2nd Quarter
GMI Technology Inc. (Public, TPE: 3312) today announced financial results for the 2nd quarter and 1st half of fiscal year 2011. For the three month period ending June 30, 2011 net revenue was a record US$ 106.7 million, an increase of 34% versus the same period in 2010. For the six month period ending June 30, 2011 net revenue was US$ 205.4 million, an increase of 20% versus the same period in 2010 and also a record for the company. For the three month period ending June 30, 2011 after-tax net profit was US$ 909K, a decrease of 16% versus the same period in 2010 and an increase of 39% versus the prior quarter in 2011. Commenting on the announcement, Lewis Lo, president of GMI Technology, said “We are very pleased with the strong growth in our sales revenue in the last quarter and year to date, especially based on the very challenging worldwide economic situation. Unfortunately our bottom line results were below our objectives due to declining market prices for some of our key product lines, as well as foreign currency exchange losses. We are encouraged by our good profit growth the past quarter versus the prior sequential quarter,…
more
2011/07/19
E Ink Holdings and CPT Cooperate to Expand eReader and Tablet Markets
Dual Pigment Electrophoretic Display and FFS LCD are market leaders in eReader and Tablet Applications Taoyuan and Hsinchu Taiwan 7/19/2011 – Chunghwa Picture Tubes, Ltd. (TAIEX: 2475; "CPT") and E Ink Holdings Inc. (TAIEX: 8069; "E Ink") jointly announced today that each of their board of directors had passed a resolution, enabling E Ink to make an investment into CPT with a view to strengthen their collaboration in technology and in production capacity. Through this investment and cooperation, both companies expect to further expand electronic paper and FFS (Fringe Field Switching) panel business. The strategic alliance will further solidify their existing leadership position in eReader, tablets and other mobile devices markets. The investment will be a total of NT$1.5 billion in the form of unsecured convertible bonds issued through private placement in Taiwan. The conversion price will be at NT$3.25 per share. This issue, expected to be completed by the end of July this year, is for a period of 3 years. This investment enables the expansion of panel production capacity and exchange of related technological information between the two companies. This investment is also aimed at improving the utilization of CPT’s production lines and enabling them to focus on…
more
2011/06/30
GMI Technology Announces Stock Share Dividend
GMI Technology Inc. (Public, TPE: 3312) today announced that their board of directors have approved a stock share dividend. The dividend was previously approved by the shareholders. Total dividend payment will be 39 million NTD and will be distributed August 24, 2011. Dividend to be issued to all shareholders on record as of July 24, 2011.
more
2011/06/28
AUO Slovakia Module Plant Dedicated (2011.06.28)
New European Production Base Inaugurated to Provide Clients Worldwide with Just-in-Time Service AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced the inauguration of AU Optronics Slovakia s.r.o. ("AUO Slovakia") in Trenčín, Slovak Republic. The ceremony was attended by AUO President of Display Business Operation Paul S.L. Peng, Slovak Prime Minister Iveta Radičová, Taipei Representative Nan-Yang Lee, and Trenčín Mayor Richard Rybníček. As one of the two AUO production bases in Europe, AUO Slovakia will play a key role in the manufacturing, assembly, and selling of large-sized LCD modules for renowned TV set makers nearby, enabling more effective supply chain management. “It gives me great pleasure to dedicate this facility and celebrate the important milestone in Europe,” said Paul S.L. Peng, President of AUO's Display Business Operation. “With the establishment of AUO Slovakia, we are building an even more complete network with our clients to effectively deliver quality LCD products worldwide. We would like to take this opportunity to express our gratitude for the full and continuous support from the Slovak government and Taipei Representative Office, Bratislava.” “We greatly look forward to the inauguration of the AUO Slovakia module plant, which is one of the country's major…
more
2011/06/23
Toshiba reinforces storage device business by re-forming development and sales
TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it will realign its storage products businesses in a unified organization by merging its Semiconductor Company and Storage Products Company in a new in-house company, Semiconductor & Storage Products Company, on July 1. The current Semiconductor Company business range includes NAND flash memories and the solid state drives (SSD) for consumer applications that they make possible, while the Storage Products Company covers hard disk drives (HDDs) and SSDs for enterprise applications. This strategic reorganization will place three key storage device business lines—HDD, SSD and other solid state memories, including memory cards, and NAND flash memories—in a more closely focused operating structure that will facilitate more efficient product development and sales. More specifically, the reorganization will reinforce strategic planning by unifying customer support, support increased product differentiation by merging product development teams of complementary products such as enterprise and consumer SSDs, and also enhance sales operations. As advances in information technology forge ahead, demand for data storage is growing in all market segments, from the consumer to corporate, and in applications as diverse as on-line commerce and communications. The most recent development is the emergence of cloud computing, and the use of huge data…
more
2011/06/08
CPT Entered into a Sale & Purchase Agreement
Chunghwa Picture Tubes (Malaysia) Sdn. Bhd. (CPTM) would enter into a Sale & Purchase agreement with Dijaya Corporation Berhad (KLSE: 5401; DIJACOR) and receive a total cash consideration of RM391 million (or the equivalent of NT$3,572 million preliminarily) by selling the real properties today (2011/6/8). This property transaction will be completed by the end of the 4th quarter of 2011. Moreover, Chunghwa Picture Tube, Ltd. (2475; abbreviated as “CPT”) would close CRT-manufacturing plant in Malaysia as well as dispose of production plant, real property, long-term investment, and all relevant assets by the end of fiscal year 2011. Looking back at 40 years of CPT, it not only overcame CRT initial start-up difficulties but also reached a peak of success. Due to the trend of industrial upgrading and technology improvement, CPT ended the CRT business. However, the missions of pursuing for profitability, innovating technology, and enriching visual life are still extended. Moreover, CPT continuously strives to achieve organic growth and transformational development as well as enhance product-mix flexibility and value-added products. CPT hereby pronounces proactively involving in S&M-sized business and TSP development to effectively improve profit margins. Note: NTD/RM exchange rate of 9.1355 at the end of May.
more
2011/05/23
Realtek introduces a Quad GbE PHY For Customers Designing With BroadLight’s Third Generation Processors
HSINCHU, Taiwan – May 23, 2011 –Realtek Semiconductor Corp., a leading integrated circuit provider worldwide, announced today the introduction of the RTL8214B, a true quad-port Gigabit Ethernet PHY transceiver solution for customers designing with BroadLight’s 3rd Gen Processors. With its cost effective QSGMII interface, the seamless connectivity between Realtek’s RTL8214B Quad PHY and BroadLight’s 3rd Generation processors achieves a highly optimized and low power solution. Supporting the Energy Efficient Ethernet standard (IEEE 802.3az), the devices deliver an optimal Bill Of Materials (BOM) and the industry’s lowest power consumption. Realtek and BroadLight have already secured several design wins with the RTL8214B Quad PHY and the BroadLight 3rd gen processor during the recent sampling phase. “Realtek and BroadLight field proven technologies continue to offer our customers best-in-class solutions”, said Jessy Chen, Executive Vice President of Realtek. “By complementing our industry-leading PHY with BroadLight’s Fiber and Ethernet Processors we provide our customers with a winning design for the expanding GPON market”. "Our collaboration with Realtek’s highly optimal Quad PHY creates a compelling solution for customers and enables them to quickly bring to market the industry’s most competitive solutions” said Doron Tal, VP of business development and product marketing with BroadLight. About BroadLightBroadLight is a…
more
2011/05/19
GMI Technology Announces 1st Quarter Financial Results
GMI Technology Inc. (Public, TPE: 3312) today announced financial results for the 1st quarter of fiscal year 2011. For the three month period ending March 31, 2011 net revenue was US$ 98.8 million, an increase of 7.3% versus the same quarter in 2010. After-tax profit for the period was US$ 653K, versus US$ 1.6M in the same quarter 2011. Commenting on the announcement, Mr. Lewis Lo, president of GMI Technology, said, “While we are very pleased with our continued consistent revenue growth, our bottom line results were below our expectations. Our bottom line results were affected by the continued appreciation of the Chinese currency, a decline in memory prices, and to a lesser decree supply shortages caused by the Japan earthquake. We expect some of these impacts to carry over to the current quarter and despite the still recovering worldwide economic environment, GMI Technology is cuatiously optimistic about the remainder of 2011 and our long term future growth.“
more
2011/05/13
Actions Semiconductor Expands Product Offering with the Introduction of New Series 28 Products
ZHUHAI, China, May 4, 2011-- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today announced the introduction of its new Series 28 product family. Following a successful sampling program and positive customer response, the new Series 28 product family is moving into volume production with selective customers in the second quarter of 2011. With this latest product introduction, Actions is bringing a compelling product offering to the portable media player (PMP) market. With the full spec of 1080P (1920*1080 pixel) video engine plus HDMI Transmitter (HDMI Tx) built-in, Series 28 allows the user to enjoy a variety of high definition content on a portable device or through television. The flash engine has also been equipped with more features than previous generations. Like a feature rich smart phone, Series 28 can perform interactive animation, such as background wall paper, usually offered on the Android operating system. Additionally, more flash games can be enjoyed on the Series 28 platform. Together with the 32-bit central processing unit (CPU), simulated 3D graphic processing unit (GPU) and 720P digital video (DV) recording functions,…
more
2011/04/18
GMI Technology Announces 4th Quarter and Full Year 2010 Financial Results
GMI Technology Inc. (Public, TPE: 3312) today announced financial results for the 4th quarter and fiscal year 2010. For the quarter ending December 31, 2010 net revenue was a record US$ 109.6 million, an increase of 15% versus the same quarter in 2009, and an increase of 9% over the previous quarter in 2010. For the twelve month period ending December 31, 2010 net revenue was a record US$ 381.6 million, an increase of 12% versus 2009, with an after-tax profit of US$ 3.3 million for the year. Over the past decade GMI Technology is net revenues have increased approximately 30% per year, among the leaders in their business segment. Commenting on the announcement, Mr. Chia Wen Yeh, chairman of GMI Technology said, “We are pleased with both our top line revenue growth and bottom line profitability in 2010. The worldwide economic situation was very challenging throughout the year, coupled with currency exchange challenges and a rapid erosion of memory prices. GMI Technology was able to overcome these challenges with prior operational and strategic actions taken to improve our competitiveness. In addition to our positive financial results, we added valuable new customer and vendor partnerships during the year and entered…
more