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BW Businessworld LG Display Reports Stronger Profit On Iphone Demand, Rising Panel Prices The Apple supplier posted an operating profit of 685 billion won ($622 million) in the 2020 fourth quarter, compared with a loss of 422 billion won in the same period a year earlier. Photo Credit : South Korea's LG Display Co Ltd reported its highest quarterly profit in over three years on Wednesday, returning to the black for a second quarter in a row with help from increased shipments of Apple Inc's new iPhones. The Apple supplier posted an operating profit of 685 billion won ($622 million) in the 202...

South Korea's LG Chem Ltd fourth quarter 2020 profits missed expectations on Wednesday but the company expects surging revenue from its battery unit that supplies Tesla Inc to set the stage for a strong 2021.

LG Display Rides Increased iPhone Shipments to Report Highest Quarterly Profit in Over Three Years Shipments and prices of OLED panels rose for both TVs and smartphones, LG Display said. By Reuters | Updated: 27 January 2021 11:19 IST Apple supplier posted an operating profit of KRW 685 billion (roughly Rs. 4,500 crores) in the 2020 Q4 Highlights Apple's iPhone shipments in the fourth quarter were likely up 21 percent LG Display said demand for TV and IT products remained strong South Korea's LG Display reported its highest quarterly profit in over three years...

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3 Min Read SEOUL (Reuters) - South Korea’s LG Chem Ltd fourth quarter 2020 profits missed expectations on Wednesday but the company expects surging revenue from its battery unit that supplies Tesla Inc to set the stage for a strong 2021. FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji The maker of chemicals and batteries, whose wholly-owned battery subsidiary LG Energy Solution supplies Tesla, posted an operating profit of 674 billion won ($610.20 million). That was lower than the 777 billion won in a Refinitiv Sm...