Pioneer sees improving profitability in OLED displays


Pioneer Announces Business Results for 2Q Fiscal 2007. In the Others segment, sales rose 8.7% to JPY 17,208 million (US$145.8 million), mainly reflecting higher sales of factory automation systems and OLED displays in Japan.



Operating income in this segment was JPY 2,566 million (US$21.7 million) compared with an operating loss of JPY 780 million in the corresponding period of the previous fiscal year. This mainly reflected improved profitability in OLED displays due to the benefits of business restructuring measures.

Posted: Oct 31,2006 by Ron Mertens