For Columbus, Ohio, Transit Equity is Difficult to Achieve

Once Upon a Time, Cash was King

In the old days, real people sold transit tickets and riders paid with cash. Eventually, transit authorities installed ticket vending machines that accepted cash along with plastic payment devices. Bank accounts, credit cards, and smartphones weren’t necessary.

Urban transit served all riders equally – but no more.

The New Urban Transit Landscape Limits Use

How to Stay Safe When Using Public Wi-Fi

If your type of Internet connection isn’t available everywhere, and you find yourself in need for one, don’t despair. Every major city usually has various locations that offer public Wi-Fi signal, which you can use either indefinitely or for a certain amount of time. However, did you know that using such public Wi-Fi represents a potential danger for data on your smartphone, tablet or laptop, and even for yourself?

Display Driver Market to Witness High Growth

The display driver market is estimated to grow from $7.1 billion in 2018 to $9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content, and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.

Google Pre-Empts Huawei’s New Mobile Phone, Mate 30

China’s communications equipment giant Huawei plans to release its new flagship phone in Munich, Germany this month. However, due to the US government’s sanctions, the new mobile phone will only be equipped with an open-source Android operating system, without pre-installing Google’s supporting applications. This will greatly affect the experience of users in China’s overseas markets.

Magnachip Semiconductor Bonds, Short Term, High Yield, Fixed Income Investment, Yielding 7.25% YTM

This week, Durig Capital takes a second look at an issuer involved in the design and manufacture of semiconductors. Magnachip Semiconductor (NYSE:MX) has been around for over three decades and is currently the largest independent supplier of OLED display drivers to panel makers for smartphones. The company is riding the wave of transition from LED to OLED in the smartphone world. This has paid handsomely as its full year 2018 results can attest (above). In addition, the company’s first quarter also posted continued wins for its Standard Products division.

Find Nearly 9% YTM with Magnachip Semiconductor, Bonds Mature July 2021

This week, Durig Capital ventures to the technology sector to review an issuer involved in the design and manufacture of semiconductors. Magnachip Semiconductor (NYSE:MX) has been around for over 30 years and is the largest independent supplier of OLED display drivers to panel makers for smartphones. The company’s latest reported quarterly results (three months ending September 30, 2018) were excellent.

 

  • Adjusted EBITDA increased 13% year-over-year.

  • Gross profits were up 10.8% over the prior year period.

  • Operating income increased by 17.9% over Q3 2017.

  • Revenues were up 16.6% year-over-year and were at the highest levels since Q4 2012.

  • Interest coverage over 3x for the third quarter.