LG Display Q2 loss narrowed to 94bn won, beating analyst estimates, driven by Apple and Olympics panel shipments.
LG Display narrowed its Q2 loss to 94bn won ($67.8m) from 881bn won a year earlier, helped by increased shipments of panels for client Apple and TV panels ahead of the Olympics. This beat analyst estimates of a 308bn won loss. The South Korean flat-screen maker, however, reported a second consecutive quarterly loss due to weak demand for TV and smartphone panels.
July 25, 2024
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