Technology Morning Scenario: Panel Price Down | LGD Fourth Quarter Profit Falls 95%

1, Affected by the falling panel prices LG Display plunged 95%

LG Display, the world's largest maker of LCD TVs, announced that its fourth-quarter operating profit for the fourth quarter of last year dropped 95% year-on-year to its lowest level in nearly two years, after the company said the results did not meet market expectations due to lower panel prices combined with Investment in the development and production of small-size OLED screens exceeded expectations.

The Apple supplier reported an operating profit of 44 billion won ($ 41.2 million) from October to December last year, while 12 analysts on average predicted the company's quarterly operations, according to a Thomson Reuters I / B / E / S survey Profit of 250 billion won.

However, WitsView said that with the rebound in TV shipments, coupled with the lower panel prices to stimulate TV manufacturers to step up stocking, price cuts may ease in 2018. In addition, with BOE and other companies to gradually increase production of new production lines Quality, supply and demand will also be more balanced.

Comments: bigger OLED TV business bigger, stand up by it.

2, Xiamen Overseas Chinese Electronics fifth bizarre reorganization were asked again

For four consecutive years has been posted 'non-standard' label Xoceco, the fifth major asset restructuring within three years, was the Shanghai Stock Exchange inquiries.According to a rough calculation of the Yangtze River Business Daily reporter, 2006 - 2016 ten years, Prima Electronic has a total loss of 2.33 billion, the company had four restructuring and restructuring failed.

On December 29, 2017, Xiamen Overseas Chinese Electronics Co., Ltd. released a major asset reorganization plan, which proposed to acquire 61.67% equity of Fujian Fuguang Co., Ltd. (hereinafter referred to as 'Fuguang Shares') for 1.603 billion yuan. On the evening of January 16, Said it received a letter of inquiry from the SSE on the restructuring.

It is worth mentioning that, Xiamen Overseas Electronic Co., Ltd. in 2017 a total of several executives resigned one after another, including the chairman, director, independent director, secretarial, general manager and others, and a month before the suspension, Lingling resigned Chairman of the board, followed by Wang Chunfang was elected chairman and became corporate legal person.

Comments: Once a color TV, Xiamen Hutch, now looks like can not find Fuxing Road.

3, Amazon unmanned convenience store officially opened without cash automatic checkout

According to foreign media reports, after a year of testing, Amazon's unmanned store Amazon Go will be officially open to the public on Monday.

The world's first Amazon Go store under the Amazon headquarters building in Seattle will open at 7 am local time Monday, with shoppers no cash, no queuing up and directing what they want.

After nearly 14 months of trial operation of Amazon employees, the Amazon Go logo store will be unveiled on Monday, one of Amazon's most devoted efforts in recent years to reinvent the physical shopping experience .

Comment: saying that this has long been in the country for the public trial business, the future of the supermarket will become like this?

4, 2018 "Fortune" list of the world's most admired companies: Apple, Amazon, Alphabet ranked the first three

FORTUNE Magazine Releases 'World's Most Admired Companies List 2018'. For the eleventh consecutive year, Apple tops the All Star list of 50 companies; Amazon reigns second runner; Google parent Alphabet Back to the third place.

In addition, it is worth mentioning that the following '50 all-star list 'although no Chinese companies short-listed, but Alibaba is ranked' Internet services and retail 'industry second.

The following is a complete list:

1 Apple computer

2 Amazon Internet service and retail

3Alphabet internet service and retail

4 Berkshire Hathaway Insurance: Property and Accident Insurance

5 Starbucks food service

6 Walt Disney Entertainment

7 Microsoft (Microsoft)

8 Southwest Airlines Aviation

9 FedEx Express

10 JPMorgan Chase large bank

11 Netflix Entertainment

12Facebook Internet service and retail

13 Costco Wholesale general merchant

14 American Express credit card and related services

15Salesforce computer software

16 Nike clothing

17 Johnson & Johnson Pharmaceuticals

18 Coca-Cola drink

19 BMW car

20USAA Insurance: Property and Accident Insurance

213M medical products and equipment

22 Home Depot specialty retailers

BlackRock Securities and Asset Management

24 Marriott International Hotels, casinos, resorts

25 Boeing Aviation and Defense

26 Walmart General Merchandiser

27 Goldman Sachs Group Large bank

28 Nordstrom Consortium

29 Toyota Motor car

General Electric Industrial Machinery

31 Delta Air Lines Airlines

32 Singapore Airlines Airlines

33UPS express

34 Procter & Gamble Soap & Cosmetics

35IBM Information Technology Services

36 Exxon Mobil Oil refining

37 McDonald's Food Service

38 Target general merchandiser

39CVS Health Care: Pharmacy and other services

40 Accenture Information Technology Services

41 PepsiCo Consumer Foods

42 Adidas clothing

43 Caterpillar Construction and Agricultural Machinery

44 Unilever Soaps and cosmetics

45 Intel (Intel) semiconductor

46Visa credit card and related services

Nestle Consumer Foods

48 Lockheed Martin Aviation and Defense

49AT & T Telecommunications

50 Charles Schwab Securities and Asset Management

5, the Nordic Union Bank banned bitcoin due to the market 'no supervision'

According to cnBeta reports, Beijing time on January 23 Bloomberg, the largest bank in northern Europe - the Nordic Union Bank has told its staff not to trade bitcoin and other cryptocurrencies.This may lead to the European Banking Association to assess its digital currency Official position.

Afriqiti Kellberg, a spokesman for Bank of Northern Europe, said over the telephone that the bank will implement the ban on February 28, after the bank's board agreed to take that position because of the 'unregulated nature' of the cryptocurrency market.

In an e-mail sent to Bloomberg, the Bank said its policy "includes transitional provisions for current holders and allows for certain exceptions." Employees who already own bitcoin are 'allowed to keep existing positions' .

Comments: The recent global ban on Bitcoin, 'non-regulatory' remains the theme of all countries.

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