Trident Microsystems Inc., a maker of digital TV ICs, announced before the opening of the US stock market on the 27th that the company plans to reduce the global number of employees from the current 1,275 to about 1,000 by the beginning of 2012. , a decrease of about 22%. Taiding rose 2.46% to close at $0.6250 on the 27th; the stock price has fallen as much as 64.9% so far this year. Thomson Reuters pointed out that Taiding has paid net loss transcripts for 14 consecutive quarters.
Tai Ding said that the above streamlining of personnel operations is expected to reduce the annual operating costs in the first quarter of 2012 from US$40-48 million in the second quarter of 2011, and the pre-tax pre-tax depreciation balance for the industry ( EBITDA) The profit and loss level of the two-year revenue is expected to drop to 340-360 million U.S. dollars.
Tai Ding’s CEO Bami Bastani stated that the organization’s reorganization plan is to enable the company to focus on core, competitive products (eg, smart TV networking chips).
Taiding also ranked the world's largest LCD TV control IC supplier in the second quarter of 2007, and MediaTek (2454) was ranked third at the time. Taiding's competitors in the TV image processing chip market include KY Morning Star (3697), Zoran Corp., and STMicroelectronics.
EE Times reported several days ago that Broadcom Corp., a maker of digital television ICs, has shut down its digital TV (DTV) chip office in Canada, China, and the United States since September 19, including more than 100 DTV engineers in Toronto. Sales and marketing staff and more than 30 Yardley employees in Pennsylvania have been dismissed.
Tai Ding said that the above streamlining of personnel operations is expected to reduce the annual operating costs in the first quarter of 2012 from US$40-48 million in the second quarter of 2011, and the pre-tax pre-tax depreciation balance for the industry ( EBITDA) The profit and loss level of the two-year revenue is expected to drop to 340-360 million U.S. dollars.
Tai Ding’s CEO Bami Bastani stated that the organization’s reorganization plan is to enable the company to focus on core, competitive products (eg, smart TV networking chips).
Taiding also ranked the world's largest LCD TV control IC supplier in the second quarter of 2007, and MediaTek (2454) was ranked third at the time. Taiding's competitors in the TV image processing chip market include KY Morning Star (3697), Zoran Corp., and STMicroelectronics.
EE Times reported several days ago that Broadcom Corp., a maker of digital television ICs, has shut down its digital TV (DTV) chip office in Canada, China, and the United States since September 19, including more than 100 DTV engineers in Toronto. Sales and marketing staff and more than 30 Yardley employees in Pennsylvania have been dismissed.
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