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Lenovo Legion Slim 5 Begins Shipping in August

The Lenovo Legion Slim 5 (14", 8) will begin shipping in August, becoming available in select markets around the world starting September. First introduced in March, this is the first 14-inch gaming laptop in the Legion ecosystem. Featuring up to AMD Ryzen 9 7940HS processors and up to NVIDIA GeForce RTX 4060 Laptop GPUs, the Lenovo Legion Slim 5 (14", 8) laptop can be pushed to its limits through Lenovo's AI Engine+, which harnesses the Lenovo LA1 AI chip to track key components and processes to maximize performance and battery life, growing more intelligent over time as it adapts to user habits.

"The Lenovo Legion Slim 5 (14", 8) embodies yet another set of innovation firsts for Lenovo's gaming offerings. Its new 14-inch form factor and a vibrant OLED panel bring to life the expectations and imaginations of our Legion of fans," said Jun Ouyang, Lenovo's vice president and general manager of the Consumer Business Segment, Intelligent Devices Group. "We are excited for the future of Lenovo Legion's ever-expanding ecosystem of gaming devices and peripherals and can't wait for gamers to get their hands on this new laptop."

LG Announces Second-Quarter 2023 Financial Results

LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit of KRW 741.9 billion. The company recorded the highest second-quarter revenues in company history. The second-quarter results underscore the success of the company's strategy to drive continuous growth while strengthening its business competitiveness. The record revenue reflects the company's actions to fundamentally improve its business structure by pursuing new platform-based service businesses and continuously expanding the business-to-business (B2B) segments. Profitability also was strong, although operating income was 6.3 percent lower than the second quarter last year, primarily due to a one-time second-quarter 2023 provision.

The company plans to drive further profitability improvements by optimizing efficiencies and by preemptively meeting market demands through enhanced demand forecasting and manufacturing competitiveness. LG also plans to continuously strengthen its online brand store and direct-to-consumer businesses.

Samsung Electronics Announces Second Quarter 2023 Results

Samsung Electronics today reported financial results for the second quarter ended June 30, 2023. The Company posted KRW 60.01 trillion in consolidated revenue, a 6% decline from the previous quarter, mainly due to a decline in smartphone shipments despite a slight recovery in revenue of the DS (Device Solutions) Division. Operating profit rose sequentially to KRW 0.67 trillion as the DS Division posted a narrower loss, while Samsung Display Corporation (SDC) and the Digital Appliances Business saw improved profitability.

The Memory Business saw results improve from the previous quarter as its focus on High Bandwidth Memory (HBM) and DDR5 products in anticipation of robust demand for AI applications led to higher-than-guided DRAM shipments. System semiconductors posted a decline in profit due to lower utilization rates on weak demand from major applications.

Samsung Also Launches the Galaxy Tab S9

Samsung Electronics Co., Ltd. announces its new Galaxy Tab S9 series, a premium product portfolio that redefines the tablet landscape and sets new standards for immersive viewing and creative freedom. Across all three models, Galaxy Tab S9, S9+ and S9 Ultra, Dynamic AMOLED 2X displays ensure epic viewing and entertainment experiences with the power of Qualcomm Snapdragon 8 Gen 2 for Galaxy. An in-box, IP68-rated S Pen helps users bring their ideas to life. And as the first Galaxy Tab S series to earn an IP68 rating, Galaxy Tab S9 series enables users to follow their inspiration, both indoors and out.

"There are no devices like the Galaxy Tab S9 series on the market today. A true disrupter in its category, it is the first of its kind to deliver experiences that users love most about tablets in one complete premium design," said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics. "The Galaxy Tab S9 series empowers users to take their big ideas and bring them to life, completely effortlessly."

Lenovo Expands Latest ThinkPad Mobile Workstations to Include AMD Ryzen PRO 7040 Series Mobile Processors

Today, Lenovo unveiled the newest additions to its ThinkPad mobile workstation portfolio. Powered by the latest AMD Ryzen PRO 7040 Series Mobile processors with optional NVIDIA RTX professional graphics, the new ThinkPad P16v, P16s Gen 2 and P14s Gen 4 complement the models announced in May 2023, offering customers a broad choice in mobile workstation PC solutions. ThinkPad P Series devices deliver breakthrough performance, premium design, and durability for demanding workflows across a variety of price points and include support for Windows 11 and several flavors of Linux. Bringing advanced and power-efficient processors with AMD PRO technologies and Ryzen AI on select models opens up an enhanced world of AI-driven features for advanced collaboration on ThinkPad mobile workstations.

"Our latest workstations are designed to help our customers make a difference and drive a positive long-lasting impact in their fields, whether it's research and design, engineering and finance, media and entertainment, healthcare and education, or anything else. We are committed to delivering human-centric innovations that empower our customers to unleash their potential with ThinkPad mobile workstations," said Rob Herman, VP and GM, Worldwide Workstation and Client AI Business at Lenovo.

Apple Reported to be Reducing Factory Output of Vision Pro AR Headset

The Financial Times believes that Apple is running into major production issues related to its Vision Pro mixed reality headset—insider sources claim that the mega-sized multinational technology company is adjusting internal sales goals for the $3499 AR/VR "spatial computer." Leadership had set an ambitious internal target of 1 million units sold in 2024, but the complexity of the system's design has apparently caused major setbacks for manufacturing partners. Apple is reported to have signed up with Luxshare, a Chinese contract manufacturer, to assemble Vision Pro headsets—insiders within both organizations reckon that only 400,000 units will be ready for sale throughout 2024. This number seems to be fairly optimistic given that Trendforce predicted that a mere 200,000 would be shipped next year.

FT gathered information from two other sources placed within the Chinese supply chain—they claim that Apple and Luxshare could encounter major component shortages in 2024, resulting in a production shortfall—with an estimated 130,000 to 150,000 finalized units. The article points out that the most complex (and costly) aspect of the headset lies in its micro-OLED display setup, that also includes outward facing lenses. TSMC and Sony are reported to be the suppliers of these parts (as featured on the prototypes), but Apple is allegedly not satisfied with low production numbers, and not enough batches are "free of defects." A cheaper version of the Vision Pro is apparently now on the backburner, since Apple is unlikely to recoup—factoring in R&D expenses—within the first year of the intial product's launch.

Samsung Launches New Game Portal Online Store

Samsung Electronics today announced that it plans to open Samsung Game Portal, an online store specializing in gaming, on Samsung.com in more than 30 countries around the world, starting with the U.S., the U.K., Germany, France, Italy, Spain and Brazil in late June. The Game Portal is a one-stop online store for gamers designed to significantly increase the convenience of browsing and purchasing products such as smartphones, TVs, gaming monitors and high-performance SSDs. It also provides customers with a variety of gaming-related content in one place, fine-tuned to their preferences and experiences.

In 2021, Accenture, a leading global professional services company, published an illuminating gaming-related study. The study found that half of the gaming population are cross-platform gamers who use more than one device to play, spending an average of 16 hours a week gaming, as well as eight hours a week watching gaming-related video content and six hours a week participating in gaming-related communities. In response to these customer trends, Samsung has designed the Game Portal to provide an impressive variety of content, such as gaming product information, domestic and international expert reviews, product purchase benefits and offers, product utilization ideas that help users enjoy games more and game-related news.

AGON by AOC Announces AGON PRO AG276QZD 27-inch 240Hz OLED Gaming Monitor

AGON by AOC—the world's leading gaming monitor and IT accessories brand - proudly unveils the AG276QZD - the latest addition to the AGON PRO series. This state-of-the-art 26.5" (67.3 cm) gaming monitor features an OLED panel, which delivers a sharp QHD resolution (2560x1440) at a stunning 240 Hz refresh rate and a blazingly fast 0.03 ms GtG response time. The AG276QZD offers a breathtaking infinity contrast ratio thanks to the per-pixel-illumination of the OLED panel, perfect black levels, and a wide color gamut (10-bit color depth and 98.5% DCI-P3 coverage), making it an excellent choice for gamers who appreciate both visual excellence and exceptional performance. Thanks to its striking, asymmetrical design touches with a two-tone black/space grey finish, the AG276QZD is not just an eye-catcher but already a winner of the Red Dot Design Award (2022).

The AGON PRO AG276QZD utilises an advanced OLED panel, providing an unprecedented contrast ratio compared to everyday LCD monitors (uniform backlights), and true-to-life colors with perfect blacks and wide viewing angles. The display's comparatively faster response time (0.03 ms GtG) and lower input lag as well as Adaptive-Sync support and G-Sync compatibility facilitate smoother gameplay and make every moment count in competitive gaming scenarios.

Global LCD Monitor Shipment Levels Experience 7.4% QoQ Decline in 1Q23, Signs of Recovery Sighted in Q2

TrendForce reports that in the first quarter of 2023, global shipments of LCD monitors fell 7.4% QoQ to 28.8 million units, marking a YoY decline of 20.5%. Major brands, including Dell, HP, and Lenovo, experienced significant drops in shipment levels, falling by 15.6%, 22.8%, and 19.2% respectively.

On the other hand, several consumer brands saw quarterly growth in their shipments in the first quarter, primarily due to channels replenishing their inventories in March. Among these brands, AOC/Philips stood out, benefiting greatly from demand in the Chinese consumer market. Their shipments not only grew 10.9% QoQ but also increased 3.3% compared to the first quarter of 2022.

RICOH Launches Portable 15.6-inch OLED Displays

PFU America, Inc., the U.S.-based subsidiary of PFU Limited and the leader in digital transformation solutions, today announced the launch of the RICOH Portable Monitor Series. Designed as an easily accessible, portable extra screen for enhanced creative collaboration, the new RICOH monitors feature vivid picture quality, a touch screen for drawing and writing, and the option of wired or wireless connectivity.

The RICOH Portable Monitor Series is available in two versions - a 150 wired model and the battery-powered 150BW wireless model. These new monitors are the world's lightest compared to other 15.6 inch touchable OLED products currently on the market, with the wired model weighing in at just over one pound - including the integrated stand, and despite having a touch display - with a super-slim bezel of less than one-fifth of an inch. Both monitors feature a 15.6" OLED display with exceptional image quality, including better contrast, higher brightness and rapid response time. Built for portability, two USB-C inputs near the center of the device enable easy connectivity to video display, or so that two devices connected wirelessly, such as a PC and a smartphone, can be connected at the same time, enabling switching between displays at the touch of a button. An integrated stand, cable management, and two integrated speakers make it easy to set up and manage power, input, and speaker controls.

Veeo Joins LG Display in Partnership to Create the First Behind-Display Camera for Next Generation Video Conferencing

Veeo, based in Las Vegas, NV, is proud to announce its first T-OLED-based display, named Veeo T30 at INFOCOMM 2023. Veeo's BDC system, centrally placed behind a 30" or 50" LG T-OLED display panel, captures images of users sitting on the opposite side with a perspective as if the camera is placed in the front center of the screen. When captured this way, video images are more aligned with the user's line of sight when looking at the display content. This contrasts the effect when a camera is placed on the top edge of a display, creating the erroneous impression that the user is lowering their eyes to avoid eye contact with people on the other end.

With Veeo T35, users in video conferences appear to be looking at one another, eye-to-eye, with the BDC aligned with the user's eye level. This brings us one step closer to recreating the in-person meeting experience where users can look at each other in the eye. "Veeo is a game-changer in the world of remote collaboration," says Bayley Pierson, Veeo's Director of Product Marketing. "It solves the two biggest problems of virtual communication, delivering a genuine face-to-face connection while allowing for seamless collaboration on digital content. Veeo is the future of video conferencing, and we're thrilled to be at the forefront of this revolution."

Dough Announces the Spectrum Black OLED Monitor

Dough GmbH, known for innovations in the display industry with its Spectrum line of monitors, today announced an array of new features for its flagship monitors, including cover glass made by Corning, one of the world's leading innovators in materials science. Dough is also redefining its product naming to improve differentiation for customers.

Introducing Spectrum Black: Cutting-Edge Performance and Unparalleled Image Quality
Formerly known as Spectrum OLED, the company's flagship gaming monitor has been renamed Spectrum Black -- referencing the perfect contrast offered by its OLED panel equipped with cover glass. Spectrum Black is now designed with Corning Gorilla Glass with DXC, which delivers best-in-class optical performance and industry-leading abrasion resistance. When compared to the previous Spectrum model, ambient contrast ratio is increased by 40%, and reflections are reduced by 70%.

Samsung Launches the $2,200 Odyssey OLED G9 with DQHD Resolution

Samsung Electronics today announced the global launch of the Odyssey OLED G9 gaming monitor (G95SC model), which has been enhanced with next-level AI upscaling technology. Building on the success of last year's Odyssey OLED G8 (G85SB), the new monitor joins the lineup to open a new era of OLED gaming. "Last year, Samsung addressed the demands and expectations of even the most experienced gamers with the launch of the Odyssey OLED G8," said Hoon Chung, Executive Vice President of the Visual Display Business at Samsung Electronics. "With the introduction of the Odyssey OLED G9, equipped with unrivaled picture quality, we are excited to offer our customers these powerful gaming monitors and raise the bar for OLED gaming."

Measuring 49 inches in size with a 1800R curvature, the Odyssey OLED G9 is the first OLED monitor to offer Dual Quad High Definition (DQHD; 5,120 x 1,440) resolution with a 32:9 ratio. The large and wide screen ratio enable users to lose themselves in super-ultrawide vistas—equivalent to two QHD screens side by side. At the same time, its rapid 0.03 ms gray-to-gray (GtG) response time and 240 Hz refresh rate offer players a competitive edge.

MSI and Blizzard Entertainment Announce Exciting Partnership for Diablo 4

MSI, a leading gaming hardware brand, and Blizzard Entertainment, a renowned game developer and publisher, are thrilled to announce a partnership for the highly anticipated game, Diablo 4. This collaboration aims to bring an unparalleled gaming experience to passionate players worldwide.

The partnership between MSI and Blizzard, combining the expertise of two industry giants to enhance the Diablo 4 gaming ecosystem. This joint venture is driven by a shared commitment to pushing boundaries, delivering cutting-edge technology, and immersing players in a world of unparalleled adventure.

ASUS Announces Vivobook 16 OLED With AMD Ryzen AI-Enabled H-Series Processors

ASUS today announced the refreshed Vivobook 16 OLED (M1605), a slim-and-light laptop featuring up to an AI-enabled AMD Ryzen 7000 H-Series processor, and expertly engineered for everyday entertainment and productivity. Perfect performance is delivered by up to an AMD Ryzen 7000 H-Series processor with 16 GB RAM and up to a 1 TB SSD. Quiet and efficient cooling is provided by the dual-vented cooling system with two heat pipes and an IceBlade fan. The long-lasting up to 70 Wh battery gives users more freedom, and there's up to WiFi 6E for ultrafast connectivity.

This latest model features a superb OLED NanoEdge Pantone Validated display with 3.2K resolution, a 120 Hz refresh rate and a 0.2 millisecond response time - plus an 16:10 aspect ratio display for an extended view. The NanoEdge OLED displays offer up to a 1.000,000:1 contrast ratio with a screen-to-body ratio of up to 86.5%. It also benefits from TÜV Rheinland low blue-light certification to ensure eye comfort during long viewing sessions. The eye-catching slim and lightweight design is finished in a selection of on-trend colors. The 180° lay-flat hinge allows easy collaboration and sharing, and the comprehensive I/O capabilities include up to a USB-C 3.2 Gen 1 port with Power Delivery, two USB 3.2 Gen 1 Type-A ports, a USB 2.0 port, an HDMI output, and an audio combo jack.

Streamplify Showcases its Game Streamer Gear at Computex 2023

Game streaming hardware brand Streamplify showcased its latest gear at the 2023 Computex. The booth begins with an example setup of a typical stream rig, with a height adjustable desktop, two Streamplify Glow Light 14 units, and a Mount Arm, which can hold onto a Streamplify Mic Pro. This mic features Ø16 mm condenser capsules, and upgraded 24-bit/192 kHz digital sampling rate.

Right behind the monitors are Streamplify's new generation >20 dB Acoustic Panels. The booth also featured Streamplify's new generation Cam Pro. The original Cam is full HD, and uses a manual telescopic concealment mechanism. With the new Cam Pro, you just turn a silver shroud to cover the camera lens and its in-built mic. The biggest feature upgrade is the resolution, as the Cam Pro is capable of 4K @ 30 FPS or 1080p @ 60 FPS. Streamplify is planning to sell this at just $99.99 a pop. The company also showed us their upcoming HDMI-based video capture card that the company claims will be an affordable solution for beginners. Lastly, there's a next-generation Hub Ctrl product with OLED screen buttons.

MSI MEG 342C QD-OLED Gaming Monitor Coming to Europe in April

MSI, a leading brand in gaming technology, has exciting news for European gamers - the highly-anticipated MEG 342C QD-OLED gaming monitor will be available in April 2023, with an MSRP of €1,499. As a gesture of appreciation to our valued customers, we are delighted to announce the "MSI Premium Early Bird" promotion. From June. 1st, 2023 (00:01 local time) to Sep. 30th, 2023 (23:59 local time), customers who purchase the MEG 342C QD-OLED and leave a comment on selected etailer pages within the specified period will receive a complimentary USD$100 steam code or The Last of Us game code.

The MEG 342C QD-OLED is MSI first OLED gaming monitor boasting an ultra-thin, 34-inch form factor. This monitor combines OLED panel technology with Quantum Dot Technology, promising brilliant brightness and vibrant colors. It also packed full of premium gaming features including an ultra-fast 0.1 ms response time and an impressive 175 Hz refresh rate. In order to encourage customers to share their thoughts about MSI first QD-OLED monitor, customers who purchase a MEG 342C QD-OLED during the promotional period and leave a comment on eligible etailer will get a chance to win a $100 Steam Code or The Last of Us Part I PC Game Code. Furthermore, customers can earn five times the rewards for their purchase during the whole early bird program period during the Early Bird program.

ASUS Introduces Super Ultra Wide ROG Swift OLED PG49WCD Gaming Monitor at Computex 2023

The ROG OLED gaming monitor lineup already contains a compelling set of options. The large-and-in-charge ROG Swift OLED PG42UQ and ROG Swift OLED PG48UQ deliver exceptional display characteristics across breathtakingly large panels. The fast, bright, and versatile ROG Swift OLED PG27AQDM offers gaming excellence in the popular 27-inch size. Now, we're ready to bring all the advantages of OLED tech to gamers who crave the immersion of an ultra-wide display. Introducing the ROG Swift OLED PG49WCD. Equipped with Smart KVM, a premium ROG cooling solution, and a bright, vibrant QD-OLED panel, this monitor is ready to take center stage for your gaming rig.

Ultra-wide and ultra-versatile
Considering that it's a 49-inch display, it might be better to call the ROG Swift OLED PG49WCD a super-ultra-wide rather than just an ultra-wide. With its 5120x1440 resolution, it gives you all the desktop real estate provided by two separate 16:9 1440p displays. Its 1800R curvature wraps the display around the periphery of your vision, and helps ensure that colors are clear and bright, even at the extreme sides of the display.

OLED TV Prices Predicted to Fall in 2023 and 2024

According to a newly published study, by market analysts at Display Supply Chain Consultants (DSCC), TV OLED panel production costs are set to fall consistently over the next two years. Thanks to increased efficiency and improved yields at key manufacturing facilities, premium TV models could drop in price within a few months (maybe in time for Christmas) - according to FlatPanelsHD. The DSCC report indicates that production costs per 55-inch OLED panel are predicted to decrease by roughly 20% (when compared to data from 2022), with the same percentage reduction lined up for 2024. LG Display's "white OLED" panel is the given example here - it is featured on many 2023 TV ranges including LG's own C3 and G3 models, as well as units from competing brands: Sony, Panasonic, Philips, Hisense, etc.

Samsung's proprietary QD-OLED TV technology is also forecasted to become cheaper to produce - by 30% - according to the market analysts at DSCC. The Display division's South Korean factory lines are capable of pumping out 65-inch QD-OLED panels at greater efficiency this year - with a reported higher overall yield when compared to 2022's results (from 68% to 84%). Samsung's quantum dot panels are usually reserved for flagship level TV models, but lower production costs could lead to more mid-range televisions adopting the high-end display technology.

MSI Primed to Amaze COMPUTEX 2023 Visitors with the Latest in Tech

As COMPUTEX once again opens its door, MSI, the world leader in gaming, content creation, business & productivity, and AIoT solutions, is all geared up to dominate the show floor with a full slate of new lineup and its Best Choice Award honorees. "We are thrilled to be back at COMPUTEX," said Sam Chern, MSI Vice President of Marketing. "We expect to see users' tech experiences reinvented and MSI is at the forefront. Our COMPUTEX 2023 lineup showcases the ultimate fusion of breakthrough technology and everlasting aesthetics that surpasses all limits and indulges global users with the best possible experience like never before."

This year, MSI themes its booth around The Leap to Singularity, envisioning a future in which the technological singularity brings forth superintelligence to improve human lives. Among the highlights on display will be the Raider GE78 HX Smart Touchpad, Stealth 16 and Creator Z17 laptops powered by up to 13th Gen Intel Core i9 processors and NVIDIA GeForce RTX 40 Series graphics, making them powerhouses for gamers and creators alike.

TCL CSOT Shows Off 57-inch 1,000R 8K DUHD High-end Curved Gaming Display at SID Display Week 2023

CL CSOT, a company focused on developing new technologies and innovations in the display industry, today unveiled over 30 of its latest products and advanced technologies, including more than ten firsts in the world, at Display Week 2023 organized by the Society for Information Display (SID), held from May 21 to 26 in Los Angeles, California.

Guided by the vision of "Display A Better Future For All", TCL CSOT showcases its expertise and capacity in providing complete display technology solutions across a range of sizes, categories, and forms - spanning IJP OLED, Mini LED, Micro LED, medical displays, vehicle-mounted displays, light field displays, as well as consumer electronics displays. Among them, six core exhibits include:

Samsung to Unveil Rollable Flex & Sensor OLED Display at SID Display Week 2023

Samsung Display today announced it will exhibit a variety of paradigm-shifting, next-generation OLED technologies at the SID Display Week 2023, May 23-25, at the Los Angeles Convention Center in California. At the event, Samsung Display is unveiling Rollable Flex, which aims to revolutionize the portability of tablet PCs or laptops, and Sensor OLED display, which provides new usability by embedding fingerprint and blood pressure sensors in panels without attaching separate modules. With these and other OLED innovations, Samsung is demonstrating its drive to create and lead new market segments.

Now in its 60th year, Display Week by SID (Society for Information Display) is the world's largest professional display event held annually in North America, featuring international exhibits, symposiums and seminars.

CORSAIR XENEON 27QHD240 OLED Gaming Display is Now Available

CORSAIR (NASDAQ: CRSR), a world leader in enthusiast components for gamers, creators, and PC builders, today announced the launch and immediate availability of the new CORSAIR XENEON 27QHD240 OLED gaming monitor. Boasting a cutting edge 3rd generation OLED panel from LG Display, the XENEON 27 OLED brings the amazing image quality, black level and response time benefits of OLED to the popular 27 in monitor size, combining stunning image quality and 240 Hz refresh rate to display everything your PC has to offer at its best.

Developed as part of an ongoing close relationship between CORSAIR and LG Display, the XENEON 27 OLED uses LG Micro Lens Array (MLA) technology placing 5,117 micro lenses per pixel to boost brightness, improve viewing angle, and display stunningly bright colors. Up to 1,000 nits brightness and 98.5% DCI-P3 color gamut reveal an amazing level of detail in every image, from the brightest highlights to the gloomiest shadows, with HDR and a 1,500,000:1 contrast ratio.

Universal Display Corporation and PPG Celebrate Opening of State-of-the-Art OLED Manufacturing Site in Shannon, Ireland

Universal Display Corporation (UDC) and PPG today officially opened a new state-of-the-art organic light-emitting diode (OLED) manufacturing facility in Shannon, Ireland. This County Clare site is expected to double the production capacity and further diversify the worldwide manufacturing footprint for UDC's energy-efficient phosphorescent OLED emissive materials for the growing OLED market. UDC's initial investment of 10 million euros, and subsequent multimillion-euro expenditures and multiyear, multiphase expansions of the site are expected to have a significant positive economic impact on the region.

PPG produces UDC's highly-efficient, high-performing UniversalPHOLED materials. There are currently 50 people working at the new production site, and the headcount is expected to increase up to 100 as further investments roll out. The high-tech roles at the Shannon facility include engineering and operational disciplines, supply chain roles, synthetic chemists, and analytical technicians.

Corsair Gaming Reports First Quarter 2023 Financial Results

Corsair Gaming, Inc. (Nasdaq: CRSR), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the first quarter ended March 31, 2023.

Andy Paul, Chief Executive Officer of Corsair, stated, "We are off to a strong start to 2023 with a 33% improvement in adjusted EBITDA compared to the year ago period. We are thrilled to see that enthusiast-level consumers continue to build new gaming PCs at a rate significantly above pre-pandemic levels. Recent third party data shows that Corsair continues to gain and hold leading market share positions in most of our categories of components used in those builds. The broader market for gaming peripherals is also holding up at a level significantly above pre-pandemic levels, although slightly behind 2022 levels, most notably in Europe. During 2023 we started to ship many new innovative products, including our FLEX OLED bendable monitor, engineered in partnership with LG. With lower priced GPUs coming to market and exciting new game titles being released this year, we are confident that the gaming market will continue to grow off the higher recent levels and we believe that Corsair can continue to gain market share in many of the new categories we are entering."
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