France-based set-top and home gateway company Netgem saw profits halve last year as it felt the impact of a shortage of hard disk drives as a result of last year’s flooding in Thailand.
The company posted net profit of €10.7 million, down from €23.4 million in 2010. Revenue was down 37% at €84.7 million.
Netgem said the availability and pricing of hard disk drives are coming back to normal and it expects its first quarter revenue for 2012 to amount to €18 million.
DTVE: the week in view – Move over Succession, Zee’s true life media drama is even more compelling… twitter.com/i/web/status/1…
16 October 2021 @ 12:35:00 UTC
ICYMI: DTVE launches Summer Industry Survey 2021 digitaltveurope.com/2021/10/15/dtv…
15 October 2021 @ 20:00:02 UTC
ICYMI: Under-fire Zee CEO defends company against Invesco assault digitaltveurope.com/2021/10/15/und… https://t.co/SoaTP5ojau
15 October 2021 @ 19:35:00 UTC
Sarandos writes second Dave Chappelle-defending memo: ‘We’ll always have titles some members and employees dislike’… twitter.com/i/web/status/1…
15 October 2021 @ 18:30:00 UTC