Advanced Television

LG Display

LG Display reports Q4 profit

LG Display has reported its Q4 numbers bouncing back into positive territory with its first operating profit in seven quarters, helped by rising shipments of panels for TVs and smartphones. LG Display, a major manufacturer of display panels, reported an operating profit of 131.7 billion won (€90.2 million) for Q4 2023, compared with an operating […]

January 25, 2024By Chris Forrester

LG Display still losing money

LG Display reported continued losses for Q3/2023, marking the sixth straight quarters of deficits, but showed some important signs of improvement through cost-cutting initiatives which boosted the company’s share price. Demand for personal computers, TVs and mobile phones has been down on last year due to economic uncertainties and rising living costs, leading to device […]

October 27, 2023

LG Display, Samsung fail to agree OLED deals

Comments from LG Display (LGD) suggest that Samsung Electronics and LGD have failed to agree terms over Samsung’s purchasing and usage of LGD OLED panels. “A potential customer was interested in using our OLED TV panels and some progress were made in our talks, but at the moment, no discussion is underway regarding the matter,” […]

July 29, 2022By Chris Forrester