LCD and OLED Display Cost Model
Our bottoms-up research includes a Display Price Calculator, supplier capacity details, supplier financials, and detailed financial articles. The...
Samsung Display’s 3Q19 Earnings Highlight Industry Struggles
Mobile flexible OLED shipments are masking how bad Samsung Display’s (“SDC”) LCD business is performing. There is a risk that BOE’s...
AUO 3Q19 Earnings and Financial Challenges
AUO 3Q earnings were worse than our forecast primarily due to continued average sales price pressure and industry oversupply. AUO is primarily a su...
LG Display 3Q19 Earnings and Industry Implications
LG Display reported revenue of KRW 5.8 trillion with a negative operating margin of -8%. Revenue was up 9% from the prior quarter, but down 5% from...
SDC 2Q19 Earnings and Free Cash Flow
Samsung reported its 2Q19 display business unit results. We analyzed 1) Apple’s minimum guarantee and the estimated iPhone X units it did not pur...
LGD 2Q19 Earnings and Labor Reductions
We reviewed LG Display’s 2Q19 earnings and analyzed potential labor reduction savings. Our financial analysis details limited labor savings. They...
AUO R&D Spend Conflicts with Value-Add Message
AUO has been messaging a focus on value added products. However, its current business is almost entirely LCD panel shipments. This current stru...