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LG Display sees 80 percent profit surge
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LG Display sees 80 percent profit surge
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28th October 2017, 10:29
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,650
 |  LG Display sees 80 percent profit surge Hi-end tellies and mobile demand LG Display has seen an 80 percent surge in quarterly profits just ahead of expectations, helped by strong demand for its screens used in high-end TV sets as well as mobile devices. The world’s largest LCD maker predicted shipments of screens would increase by “a mid-single digit percent” in the current quarter. Analysts were a little less cheery and said that hefty investments into organic light-emitting diode (OLED) displays as well as some price declines for screens could begin to weigh on profits. Operating profit for July-September for the Apple Inc supplier came in at $519 million Revenue rose 3.7 percent. http://fudzilla.com/news/graphics/44...t-profit-surge |
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