SEOUL, July 23 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, on Thursday said it suffered a loss in the second quarter of the year as the novel coronavirus pandemic slashed demand for its TV and mobile panels. The company chalked up a net loss of 503.8 billion won [...]
SEOUL, July 23 (Korea Bizwire) – LG Display Co., a major South Korean display panel maker, announced Thursday it has started the mass production of OLED sheets at its Chinese plant after months of delay amid the pandemic. LG Display High-Tech China Co., the company’s 8.5-generation OLED display factory in Guangzhou, China, is capable of [...]
SEOUL, July 20 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, said Monday it will begin to mass-produce OLED panels soon at its factory in Guangzhou, China, after a one-year delay due to the new coronavirus outbreak. LG Display said it is currently producing 8.5 generation OLED panels at the factory [...]
SEOUL, July 13 (Korea Bizwire) — Samsung Electronics Co. is in talks with competitor LG Display Co. for the purchase of display panels, industry sources said Monday, amid its transition to production of next-generation display. Samsung Electronics and LG Display may sign a deal on LCD TV panel supply in the near future, according to [...]
SEOUL, July 2 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, is likely to report a wider loss in the second quarter of the year due to a slump in smartphone and TV demand on the pandemic, analysts here said Thursday, although it is expected to make a rebound in the [...]
SEOUL, June 11 (Korea Bizwire) — LG Display Co., a South Korean display panel maker, said Thursday it aims to develop stretchable displays by 2024 as it was named to lead a national R&D project on the high-end technology. In cooperation with more than 20 companies, institutions and universities, LG Display will develop a display [...]
SEOUL, April 23 (Korea Bizwire) — LG Display Co., a major South Korean display panel maker, said Thursday it incurred losses in the first quarter due to disruption of its production amid the new coronavirus pandemic. LG Display reported a net loss of 198.9 billion won (US$161.7 million) during the January-March period, widening from a [...]
SEOUL, April 21 (Korea Bizwire) — South Korea’s two major display makers are expected to suffer an operating loss for the first quarter of the year, analysts here said Tuesday, due to the fallout from the novel coronavirus pandemic. Samsung Display Co., the display manufacturing affiliate of Samsung Electronics Co., was projected to have posted [...]
SEOUL, March 12 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, has continued to expand its presence in the global smartphone OLED panel market, industry data showed Thursday, as the company strives to improve its earnings. LG Display had a 10.8 percent share in the global smartphone OLED panel [...]
SEOUL, Jan. 31 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, said Friday it swung to a loss in the fourth quarter from a year earlier due to asset impairments and increased costs. LG Display reported a fourth-quarter net loss of 1.81 trillion won (US$1.5 billion) in a regulatory filing, shifting [...]