Hon Hai Precision Industry has tied up with flat panel maker Innolux and is investing $2.8 billion in a panel producing plant in Taiwan.
Hon Hai is desperately trying to find new revenue streams which do not depend on the fruity themed cargo cult, Apple. more»
Samsung and LG have decided that the world is not ready for OLED and the next generation of TVs will run on quantum dot technology.
The problem is that they can’t come up with a way of making OLED affordable for the mass market. more»
Microsoft thinks that there is room for another TV casting dongle and is apparently thinking about releasing a rival to Chromecast.
Redmond has not mentioned the dongle so far but it did pop up in an FCC filing.
The filing lacks much info to identify the device, but it carries the model number HD-10. more»
Ofcom research has revealed that the huge take-up of smartphones and tablets is transforming the traditional living room into a digital media hub. Ofcom’s Communications Market Report 2013 found that people are still coming together to watch TV in the living room, but the telly is no longer the centre of attention. more»
The worldwide TV market is showing signs that it will return to growth this year after a 2012 shipment shortfall.
FutureSource consulting forecasts that the TV market will grow six percent this year, and continue to grow at a compound annual growth rate of four percent through to 2017 – when it is expected annual shipments will be above 270 million units, with emerging markets accounting for 67 percent of those. more»
The UK advertising market is getting a shot in the arm from online operations and it is expected to grow by £3 billion by 2017, reaching £17 billion. According to a new report from PricewaterhouseCoopers (PwC) the UK entertainment and media market will grow at a compound annual growth rate (CAGR) of four percent between 2013 and 2017, reaching £65.5 billion, up from £54 in 2012. more»
Panasonic has announced that 5,000 of its staff will be axed over the next three years.
The Japanese company has said those in its automotive and industrial units will fall on Panasonic’s sword as the company scales back its operations and tries to recoup huge annual losses of $7.5 billion, announced in March. more»
The first Ultra HD devices are hitting the market and analysts now estimate 2.6 million Ultra HD TV panels could be shipped by the end of the year.
Since Ultra HD, or 4Kx2K is a relatively new standard, shipments last year were negligible, just 63,000 units. more»
Tesco is apparently gearing up to introduce a new free TV streaming service called Clubcard TV. The beta trial is only available to Tesco staff for the time being, but when it officially launches it will be available to card-carrying Clubcard members and Tesco says it will be “free forever”. more»