Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 09 August 2013 08:24

Light shining in darkness for LED supplier

Written by Nick Farrell

Surprise profits

LED supplier Universal Display has been doing rather well, despite the downturn in the economy.

The company expects full-year results near the high-end of its previous forecast thanks to higher license fees and more orders from flat panel display makers such as Samsung Display. Universal Display said that it expects full-year revenue from its license agreement with Samsung Display to reach $40 million.

The outfit’s OLED screens currently feature in Samsung's flagship Galaxy smartphones, recognised $20 million in revenue from Samsung in the second quarter, boosting license fees by more than a third to $21.2 million. The company narrowed its full-year revenue forecast to the upper end of its previous forecast of $110 million to $125 million.

Analysts only expected the company to make $118.8 million.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments