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Qisda Q1 net profit hits 13-year high
CONTINUED DEMAND: Qisda said that it is seeking to leverage the strengths of its businesses and industry partners in a ‘grand alliance’ to tackle component shortages
By Lisa Wang / Staff reporter
LCD monitor maker Qisda Corp (佳世達) yesterday reported that net profit in the first quarter reached the highest in about 13 years, thanks to strong demand for monitors and industrial devices amid the COVID-19 pandemic.
Net profit increased to NT$2.61 billion (US$93.23 million) from NT$233 million last year and from NT$2.28 billion in the fourth quarter of last year, the company said.
Earnings per share rose to NT$1.07, up from NT$0.12 last year and NT$0.9 in the fourth quarter, while gross margin increased to 14.7 percent, compared with 13.4 percent last year and 14.3 percent in the fourth quarter.
D-Link eyes US boost via share deal with Cameo
TRADE DISPUTE FACTOR: An analyst said the private placement would boost the partnership between the two firms, and deepen their cooperation on products
By Angelica Oung / Staff reporter
Networking equipment maker D-Link Corp (友訊科技) on Tuesday said it plans to participate in a private placement of common shares in Cameo Communications Inc (友勁科技), aiming to bolster its partnership with the networking and communication products supplier.
D-Link plans to invest NT$800 million (US$28.19 million) to acquire 97.68 million Cameo Communications shares at NT$8.19 per share, D-Link chairman John Lee (李中旺) told a news conference at the Taiwan Stock Exchange after the firm’s board of directors approved the proposal earlier on Tuesday.
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The global smart display market size was valued at USD 1.1 billion in 2020 and is projected to reach USD 6.1 billion by 2025. It is expected to grow at a CAGR of 41.0% during the forecast period.
High demand for smart mirrors from the automotive industry, new and innovative features offered by smart mirrors, increasing number of internet users and growing adoption of smart devices according to consumer preferences, surging demand for AI-powered and IoT-enabled smart home appliances, increasing trend of context-aware signage, and growing adoption of smart signage in retail sector are the key driving factors for the smart display market. However, High risks of theft and breach of customer data hampering the growth of the market.
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