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March 15, 2013
06:20 EDTAUO, PHG, SSNLFAU Optronics lands orders for TV panels from Samsung, Philips, DigiTimes says
AU Optronics (AUO) has obtained orders for Ultra HD TV panels from Samsung (SSNLF) and Philips (PHG), reports DigiTimes. According to industry sources, most of the panels AUO is shipping are sized 55- and 65-inch. Reference Link
News For AUO;SSNLF;PHG From The Last 14 Days
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November 27, 2015
08:14 EDTSSNLFSamsung to invest $740M in South Korean biologic drug factory, WSJ says
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05:50 EDTPHGPhilips initiated with a Hold at ING Group
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November 24, 2015
05:41 EDTSSNLFReport: Samsung sees record-high inventory through Q3-end, DigiTimes says
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November 23, 2015
09:00 EDTSSNLFChase Visa cardholders can now use Samsung Pay
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05:55 EDTSSNLFReport: Samsung shifts research personnel, DigiTimes says
Samsung plans to decrease its personnel at its Samsung Seoul R&D Campus by two-thirds, reports DigiTimes. Citing a new report from ChosunBiz, the move is to help the company restructure its business model and operations. Reference Link
November 20, 2015
07:17 EDTSSNLFBiogen says Benepali receives 'positive' opinion from CHMP
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07:00 EDTSSNLFSamsung to increase flexible OLED panel proportion, DigiTimes reports
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06:59 EDTSSNLFReport: Samsung cuts 5,000 employees over last year, DigiTimes reports
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November 19, 2015
07:05 EDTSSNLFNetlist parnters with Samsung for new storage class memory
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November 18, 2015
05:56 EDTSSNLFSony Mobile, LG to develop smartphone app processors in-house, DigiTimes says
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05:56 EDTSSNLFReport: Samsung and LG to switch to white flip chip technology, DigiTimes says
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November 17, 2015
10:48 EDTPHGNuance rises after earnings as analysts point to bookings as positive sign
Shares of Nuance Communications (NUAN) climbed in morning trading after analysts from Deutsche Bank and Oppenheimer raised their price targets on the company following upbeat fourth quarter earnings. WHAT'S NEW: After the market close yesterday, Nuance reported Q4 earnings per share of 41c, beating analyst estimates of 35c, on revenue of $504.1M, just short of consensus $507.84M. The company provided guidance for fiscal 2016, saying it expects earnings per share for the year in the range of $1.35-$1.45 on revenue of $1.95B-$2B. Nuance also said it expects first quarter EPS of 31c-33c on revenue of $477.8M-$489.8M. WHAT'S NOTABLE: In the same press release, Nuance chief financial officer Dan Tempesta said that the company has made "substantial progress" on its company-wide transformation project. "We expect to continue our improvements in financial performance and lead the company to improved growth in 2016 and beyond," Tempesta said. STREET RESEARCH: Following the quarterly report, Deutsche Bank analyst Nandan Amladi maintained a Buy rating on the company's stock and raised its price target to $30 from $25, citing greater visibility from recurring revenue. Amladi said that Nuance had a "robust" finish to fiscal 2015 and that bookings and recurring revenue metrics were stronger than traditional licenses. The analyst added that the company's outlook leaves some headroom for upside and that its buyback activity should continue its "pronounced" pace heading into FY16. In addition, Oppenheimer analyst Shaul Eyal maintained an Outperform rating on Nuance and raised the price target on the company's shares to $26 from $22, saying that the company's shift towards a more software-as-a-service focused business model shows positive indications. Eyal added that the company's fundamentals are improving and that EPS accretion is supported by an ongoing share repurchase and cost containment measures. PRICE ACTION: In morning trading, Nuance rallied 14.5% to $19.53. OTHERS TO WATCH: Philips (PHG), which reached a collaboration agreement with Nuance a month ago to provide Nuance users its PowerScribe 360 software, was up 1.4% in morning trading.
November 16, 2015
12:35 EDTSSNLFApple reaps 94% of global smartphone profits, Business Insider says
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05:57 EDTSSNLFDRAMeXchange: Q3 Mobile DRAM sales rise 18%, DigiTimes says
Mobile DRAM revenue in Q3 was up 18% sequentially to $4.55B, reports DigiTimes. According to DRAMeXchange, SK Hynix made the largest contribution to the growth with revenues surging 30.5% to $1.2B while Samsung remained the largest DRAM supplier with revenue increasing 16.5% to $2.58B. Samsung continued to hold a more than 50% share of the global mobile DRAM market in the quarter. Reference Link
05:57 EDTSSNLFReport: Samsung to shift L8 facilities to produce LTPS panels, DigiTimes reports
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