Author Archives: Scalper1

Universal Display Facing ‘Frothy’ OLED Expectations

Universal Display (OLED), a developer of organic light-emitting diode screens for TVs and smartphones, has seen its stock rise on enthusiasm for OLED TVs and the possibility that Apple (AAPL) could use the technology in future iPhones. But the market has gotten ahead of itself, Canaccord Genuity analyst Jed Dorsheimer said in a research report Wednesday. “We believe near-term distractions and story-stock momentum have priced in market success well

Google Restarting Search In China?

Alphabet (GOOGL)-owned Google will offer online search services via a facility it has set up in the Shanghai Free Trade Zone after its return to the Chinese mainland, according to a Chinese media report. Google abruptly shuttered most of its mainland China operations in 2010 following a disagreement with the Chinese government over the censorship of Internet search results. Google already registered Pengji — its online search and e-mail company —

Can This Film Studio Crack China’s Movie Market?

With core franchises like “Shrek,” “Madagascar,” “Kung Fu Panda” and “How to Train Your Dragon,” Dreamworks Animation (DWA) has “universal appeal that’s playable, repeatable and available.” That’s according to Macquarie, which reiterated an outperform rating on the animated-film studio Wednesday. Macquarie says Dreamworks is expected to capitalize on the Chinese movie market, which is projected to become the largest in the world by 2018.