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A: Shenzhen Y&J Electronics Co., Ltd is a Trade Company , We are LCD panel professional distributors ,We have own warehouse and inventory. Our goal is to provide our customers with the best products.
Regulations mandate that listed firms’ shares be banned from trading if they post negative net value. CPT’s book value came in at minus-NT$0.7 last year
Financially troubled LCD panel maker Chunghwa Picture Tubes Ltd (CPT, 中華映管) yesterday said that its book value slid into the red last year, pushing the stock to the brink of being delisted from the stock market.
CPT is the second subsidiary of local home appliances maker Tatung Co (大同) to face the imminent risk of having its shares banned from trading in the near future, following Green Energy Technology Inc (綠能科技).
The LCD panelmaker saw losses balloon to NT$17.73 billion (US$574.6 million) in the final quarter of last year, from losses of NT$2.61 billion in the previous quarter, dragged by a persistent industry oversupply and impairment losses from its 26 percent shareholding in CPT Technology Group Co (華映科技).
“The company is in a difficult financial situation due to the LCD industry supply glut in 2018 and [adverse] impact from the US-China trade dispute,” company spokesperson Huang Shih-chang (黃世昌) told a media briefing in Taipei.
ChuZhou HKC’s addition to the US’ Unverified List would not affect much, as it accounts for only 3.8% of global LCD panel capacity this year, TrendForce said
Shares of AU Optronics Corp (AUO, 友達光電) and Innolux Corp (群創) yesterday rose about 4 percent on speculation that local flat-panel makers could benefit from US sanctions on China’s ChuZhou HKC Optoelectronics Technology Co (滁洲惠科).
Investors were betting that Washington’s move would bring in extra orders for Taiwanese panel makers and help them recover from a severe industry slump.
Smaller LCD panel maker HannStar Corp (瀚宇彩晶) shares soared 5.04 percent to close at NT$17.7, with turnover nearly tripling from the preceding session.
It would also hardly affect global panel supply and demand dynamics, as the Chinese firm only accounts for about 3.8 percent of global LCD panel capacity this year, the Taipei-based researcher said.
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Samsung Electronics Co, the world’s largest maker of liquid-crystal display televisions, should be banned from selling certain LCD TVs and computer monitors in the US after losing a patent case filed by Sharp Corp, a US trade agency said.
WASINGTON: Samsung Electronics Co, the world���s largest maker of liquid-crystal display televisions, should be banned from selling certain LCD TVs and computer monitors in the US after losing a patent case filed by Sharp Corp, a US trade agency said.
Yesterday���s decision from the US International Trade Commission in Washington now heads to President Barack Obama, who can overturn the ban if he finds it���s contrary to the public interest. Samsung also asked an appeals court that specializes in patent law to put the ban on hold while a challenge to the underlying patent case is pending.
Samsung, which can sell LCD-TVs that don���t use Sharp inventions, said the ITC ruling doesn���t have any impact on its business because it���s already using technology that bypasses the Japanese company���s patents, according to spokesman James Chung.
���There will be no problems for Samsung with products that have workaround technology,��� said Park Young, an analyst at Woori Investment & Securities Co in Seoul. The possibility of an actual ban may be low because it would be counter to the public interest for US consumers, according to Park.
US LCD-TV shipments by all companies are expected to rise 7.3 percent to 8 million units in the fourth quarter, according to market research firm ISuppli Corp. of El Segundo, California. Samsung had 19.9 percent of the US market in the second quarter, the most recent period for which figures are available, ISuppli said. Vizio Inc had 20.5 percent to maintain its top spot and Sharp was seventh with 5 percent, according to the researcher.
The order prevents Samsung from selling any LCD TVs or monitors that have inventions covered by four patents owned by Osaka, Japan-based Sharp. The patents are for a way to control the alignment of the liquid crystals to improve brightness and response speed; an LCD with a wider viewing angle; and two inventions related to techniques to reduce flickering in the display.
The commission previously upheld an ITC judge���s finding that Samsung infringed the Sharp patents. The commission said yesterday that the public-interest factors ���do not preclude issuance��� of an order banning imports or sales of imported products.
���We believe that ITC���s ruling has made it clear that ITC has consistently supported Sharp���s claim that LCD products of Samsung are violating Sharp���s patents,��� said Christopher Loncto, a spokesman for Sharp.
���We are fully committed to honor our responsibilities to our business partners and are taking appropriate action to meet the market demand for Samsung LCD panels and products without any interruption,��� she said by telephone today.
The ITC also has issued exclusion orders on TVs made by both Vizio and Sharp. Sharp is not allowed to import Sharp LCD televisions, including ones sold under the Aquos name, that infringe a Samsung patent for an LCD with a wider viewing angle.
Vizio, based in Irvine, California, is under investigation by the ITC as to whether it is violating an order that precludes it from importing LCD-TVs that infringe a patent owned by Japan���s Funai Electric Co. for a method that lets digital TV receivers identify programs, broadcast channels and program descriptions to viewers. Vizio contends it has worked around the Funai patent.
The U.S. House of Representatives late Friday passed a bill to reinstate the “Assault Weapons Ban,” nearly two decades after such a prohibition ended.
In a statement released by the White House on Friday, President Joe Biden said, “Today, House Democrats acted by unifying to pass an assault weapons ban to keep weapons of war off our streets, save lives in this country, and reduce crime in our communities.”
SEOUL (Reuters) - Flat-screen maker LG Display will slash next year’s capital spending by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.An employee of LG Display walks at the company"s main office building in Seoul, August 29, 2011. REUTERS/Truth Leem
Mired in excess capacity for more than a year, the outlook has worsened for the global liquid crystal display (LCD) flat-panel industry, battering Samsung Electronics and LG Display, which together account for half of the global market.
TV makers are struggling with sluggish demand, forcing Sony Corp to cut its exposure in the TV panel business with Samsung and Sharp, while Philips is hiving off its loss-making TV business.
“LCD makers will keep 2012 investment plan conservative and LG is also likely to cut spending again as visibility is very low due to weak demand especially from Europe and the United States,” John Soh, an analyst at Shinhan Investment & Securities, said on Monday.
Weak demand for PCs and TVs are a big concern for LCD panel makers as the two products account for nearly 90 percent of large-sized flat-screen panels.
LG Display, a major panel supplier for iPads and iPhones, has steadily increased sales of tablet and e-book panels to try and make up for weak demand in TVs and computer screens.
“This is healthy for the industry. Demand for LCD panels is still there even though it may be weak in the coming few quarters,” said KGI Securities analyst Eric Kao.
LCD TVs saw record low global shipment growth of 6 percent in the second quarter and the industry is likely to show another disappointing growth in the second half as TV makers slash shipment targets and prices fall further.
Panel makers have already lowered their production rates to meet decreased demand levels, but they are entering the second half with unusually weak seasonal demand outlook.
Samsung, which is planning a total of 23 trillion won investment this year, also said in late July it was considering cutting LCD capex this year and allocate the change to semiconductors.
2 Min ReadAn employee of LG Electronics" home appliances store walks past its LCD televisions displayed for customers at a store in Seoul July 21, 2008. REUTERS/Jo Yong-Hak
LG Display, the world’s second-biggest maker of liquid crystal display (LCD) panels, has sought alliances with Asian TV makers to strengthen its client base and reduce costs.
The LG-Amtran joint venture will be set up in Amtran’s existing production base in Suzhou, China, with initial funding of $20 million. LG Display will own 51 percent of the new company and Amtran, maker of Vizio brand LCD TVs, will hold the remaining 49 percent.
The joint venture will produce 3 million LCD modules and 5 million LCD TV sets a year, with operations set to start early next year, LG said. It did not disclose the value of any additional investments to be made.
Leading LCD makers, including No. 1 Samsung Electronics Co Ltd, LG Display and third-ranked AU Optronics Corpface a slowing global economy that has hit demand for new flat-screen TVs and personal computers.
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The Huawei ban was supposed to sway the outcome of the U.S. – China trade wars, as many U.S.-based agreed to cut ties with the Chinese company, but this move might prove to cause more harm on the U.S. economy than previously estimated. There is no progress without significant sacrifices, they say, yet companies like Intel, Qualcomm and Xilinx are now reconsidering their stance for the sake of profits. Reuters informs that the three companies already tried to press the U.S. Commerce Department in order to ease the bans on Huawei beyond August 2019.