By David Hsieh DisplaySearch As shipments of LCD TVs passed the 200 million level and entered a more mature stage, panel makers and TV brands have been discussing how to grow the TV business to the next level. New features and smart TV are possible ways to drive growth. While consumers always rate “picture performance” […]
By Paul Gray DisplaySearch Panasonic’s final announcement of its exit from plasma display manufacturing signals the end of the road for the technology. It is worth reflecting on some conclusions: When Panasonic started its plasma business, it was by no means clear that large (say 40”+) LCD displays would be viable. There were a number […]
Last week’s announcement from Time Warner said that it had the largest loss of subscribers (users of Time Warner CableTV) in history in the last quarter, which is not surprising at all. What is surprising is what the company’s blaming the loss on and thus deceiving the investor community. In playing the blame-game, Time Warner […]
While most of you were sleeping last night, Sony execs were mostly sleepless as they’d just announced a huge loss — one of the worst in company history. I mean huge. In fact, after releasing a 40 percent reduction in their 2013 profit forecast and a nearly $200 million loss for the most recent quarter, […]
By Sam Taylor EVP & COO, Almo Professional A/V It is a sad day for me to see Mitsubishi cease production of its large format LCDs and entire projector line. I started in the industry in 1987 for a company named Electrograph. Mitsubishi was our primary line and the company was instrumental in our early […]
Panasonic will be announcing the death of plasma later this month as it plans to wind down its plasma panel production in March of 2014. Panasonic, the world’s largest manufacturer of plasma displays, will cease production because the consumer group just can’t sell enough plasma to make it price competitive (or profitable enough) against LCD-based […]
By Brad Grimes InfoComm AV companies are at it again. You’re reporting growing sales, surging cash balances and two-year-high gross margins. What’s not to love about these business conditions? “We are seeing a strong uptick in all the AV indicators,” reports Frank Coker, CEO of CoreConnex, which recently published a new InfoComm AV Industry Index, […]
Infonetics Research has released excerpts from its 2Q13 Enterprise Telepresence and Video Conferencing Equipment report, which tracks dedicated and PBX-based video conferencing and telepresence infrastructure and endpoints: There’s now evidence the videoconferencing market is bouncing back. “After a tumultuous 2012 that saw growth in the videoconferencing market screech to a halt, sales returned to year-over-year […]
PSAV, the hotel and event AV integrator, is up for sale, according to a Reuters article published last month, and could sell for $900 million to $1 billion. Current owner and private equity firm Kelso & Company (who acquired PSAV in 2007 for $413.4 million) has hired Barclays and Macquarie Group to find a buyer. […]
For the first half of 2013, sales of interactive whiteboards and interactive flat panel displays in the education and corporate sectors were up 20 percent, according to the latest quarterly research from Futuresource Consulting. This is despite the increasing presence of personal tablet devices in the education sector, which continue to gain a foothold. The […]
According to the latest research from Futuresource Consulting, in Q2 2013 the market for professional displays declined by 0.7 percent quarter-on-quarter (QoQ), but experienced year-on-year growth (YoY) of 4.8 percent, ending the quarter on 521,998 global shipments. Americas The climate remains difficult for international display vendors and the Americas region was the only region to […]
ClearOne today reported its financial results for the three and six months ended June 30, 2013. For the 2013 second quarter, revenue was $11.70 million, compared with $11.66 million for the second quarter of 2012. Gross profit was $6.9 million, or 59 percent of revenue, compared with $7.1 million, or 61 percent of revenue, for […]
This July, Wireless Ronin Technologies reported financial results for the second quarter ended June 30, 2013. Revenue in the second quarter of 2013 increased 69 percent to $2.6 million from $1.6 million in the same year-ago quarter. The increase was due to the $750,000 prepaid license received from Delphi as well as new orders from […]
ClearOne today reported its financial results for the first quarter ended March 31, 2013. For the 2013 first quarter, revenue for the first time in the first quarter surpassed $11 million, totaling $11.3 million compared with $10.2 million for the first quarter of 2012, an increase of 11 percent. Gross profit was $7.0 million, or 62 […]
On May 16, 2012 the Board of Directors of ClearOne authorized a stock buy-back program to acquire up to $2,000,000 in the Company’s common stock during the next twelve months. On July 30, 2012 the Board authorized to increase the amount available for the stock buy-back program from $2,000,000 to $3,000,000. Yesterday, the Board authorized […]