|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||9.16|
|Forward Dividend & Yield||24.88 (1.13%)|
|1y Target Est||N/A|
Asian shares started Monday higher as confidence in equities continued to return, with some markets in the region reopening after the Lunar New Year holiday.
This week’s Android Circuit includes Samsung confirming key Galaxy S9 details, the differences between the S9 and S9 Plus, why America gets a weaker Galaxy, HMD Global trouncing the competition, Huawei and ZTE under pressure from US agencies, and Google’s new UI for Android P.
Although Apple’s (AAPL) talk of doubling services revenue by 2020 seems to have somewhat overshadowed what it is doing on the hardware front, the company’s fiscal 1Q18 (December quarter) report turned out to be an important lesson for anyone interested in understanding its commitment to hardware. Apple said that the December 2017 quarter was the best ever for its smartwatch business, with Apple Watch revenue and unit shipments growing over 50% YoY (year-over-year). Apple’s smartwatch growth is noteworthy.
Broadcom (AVGO) isn’t giving up on its pursuit of Qualcomm (QCOM), the mobile chipmaker whose clients include Apple, Samsung (SSNLF), Sony (SNE), and Xiaomi. On February 5, Broadcom disclosed a sweetened buyout bid for Qualcomm, saying it was willing to pay $82 per share to acquire the rival chip maker. Broadcom’s sweetened deal overvalues Qualcomm at $146 billion including the assumption of $25 billion in debt.
The announcement by organic light-emitting diode technology maker Universal Display (OLED) that it has inked a deal with Samsung Electronics’ (005930.Korea) display unit, its biggest customer, is a positive, but not all the company needs, according to a note this morning from Hendi Susanto of Gabelli & Co. Susanto, who rates Universal shares a Hold, writes that the development is “positive, as there was a bearish sentiment about whether or not a renewal of prior agreements would take place.” That echoes comments yesterday from Evercore ISI’s CJ Muse. The deal, writes Susanto, “underscores and validates” the company’s “vast intellectual property." However, the outlook for the company’s 2018 sales is still very important, writes Susanto: We still view 2018 annual revenue guidance of great importance as investors will measure the magnitude of material sales growth and the growth trajectory of royalty and licensing fees, including Samsung’s license agreement.
Among the semiconductor stocks, memory stocks Micron Technology (MU) and Samsung (SSNLF) are the most cyclical. Although the stock is unlikely to deliver similar returns in 2018, it appears to have strong fundamentals and could have good growth potential, which was reflected in its revised guidance for fiscal 2Q18. On February 5, 2018, when the entire stock market crashed, Micron stock rose 11.4% in just one day after it upped its earnings guidance for fiscal 2Q18, ending March 1, 2018.
PYEONGCHANG, South Korea (AP) — There's a competition at the Pyeongchang Winter Olympics that has nothing to do with sports, and plenty to do with jousting between automakers and tech companies over autonomously driving vehicles.
In case you missed it, Universal Display (OLED), makers of technology to enable so-called organic light-emitting diode, or OLED, screens on phones and TVs, this morning said it inked a new agreement, running through 2022, to supply materials to Samsung Electronics (005930KS), already Universal’s biggest customer, at 43% of Universal's revenue last quarter. This was a “pleasant surprise,” according to Evercore ISI analyst CJ Muse, who has an Outperform rating on Universal shares, and a $225 price target. Muse thinks this is “a significant positive” for the company, and “refutes the bear thesis that key IP [intellectual property] is expiring over the next 1-2 years." Muse is surprised by the timing — he thought negotiations “could last a few months longer.” Last time a deal expired, back in 2010, it took Universal 13 months to come up with a new agreement with Samsung, while today’s announced deal replaces one that expired in December.
The latest leaks of the Galaxy S9 and Galaxy S9 Plus specifications reveal that Samsung's smaller handset is going to struggle to match its larger brother.
Before Apple (AAPL) released its results for the three months ended December 2017, or its fiscal 1Q18, there were reports of the company significantly slashing its iPhone X production target for the quarter ending March 2018. The Wall Street Journal stated that Apple was planning to produce just 20 million iPhone X handsets in the March quarter, implying a steep cut from the ~40 million the company was initially planning. With the device, Apple appears to be betting on design upgrades to turn around its fortunes in an increasingly competitive market.
Samsung Electronics had a solid 2017, driven by strong memory prices and growth of its smartphone business, which enabled it to almost double its EPS year-over-year. Fiscal 2018 could also prove to be a promising year for the company, although there are some caveats.
In the previous part of this series, we saw that Qualcomm (QCOM) introduced chipsets that would bring digital assistants to a range of devices. The company also leveraged its Snapdragon processor to power advanced mobile phones, VR (virtual reality) headsets, and autonomous cars. At CES 2018, Qualcomm unveiled its Mobile VR platform, which powers VR headsets.
Asia-Pacific equity markets on Wednesday broke away from their recent lockstep trading, as the global stock rout over the past two weeks abated and local factors took center stage.
Japan Display Inc reported on Wednesday a fourth consecutive quarterly net loss, as its slow adoption of organic light-emitting diode technology resulted in fewer orders from its largest client, Apple ...