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LG Display reports stronger profit on iPhone demand, rising panel prices

LG Display reports stronger profit on iPhone demand, rising panel prices
By Joyce Lee and Heekyong Yang
An LG Electronics logo is pictured on a TV displayed at a shop in Seoul
SEOUL (Reuters) – South Korea’s LG Display Co Ltd reported its highest quarterly profit in over three years on Wednesday, 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 fourth quarter of 2020, compared with a loss of 422 billion won in the same period a year earlier.
It was the display panel firm’s highest quarterly profit since the second quarter of 2017, and soundly ahead of market expectations for a 286 billion won profit, according to a Refinitiv SmartEstimate derived from 12 analyst estimates. ....

Soult Ukpyolsi , South Korea , Chris Reese , Heekyong Yang , Richard Pullin , Joyce Lee , Refinitiv Smartestimate , Korea Lg Display Co Ltd , Apple Inc , தெற்கு கொரியா , கிறிஸ் ரீஸ் , மகிழ்ச்சி லீ , கொரியா எல்ஜி காட்சி இணை லிமிடெட் , ஆப்பிள் இன்க் ,

LG Display Reports Stronger Profit On Iphone Demand Rising Panel Prices

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 2020 fourth quarter, compared with a loss of 422 billion won in the same period a year earlier. ....

South Korea , Kim Kwang Jin , Refinitiv Smartestimate , Korea Lg Display Co Ltd , Apple Inc , Yuanta Securities , Nippon Electric Glas , Lg Display , தெற்கு கொரியா , கிம் குவாங் ஜின் , கொரியா எல்ஜி காட்சி இணை லிமிடெட் , ஆப்பிள் இன்க் , நிப்பான் மின்சார கிளாஸ் , எல்ஜி காட்சி ,