SEOUL: South Korea's LG Display Co Ltd on Wednesday said operating profit fell 38% in the first quarter, less than analysts estimated, as solid growth in smartphone screens weakened the impact of revenue decline in TV panels.
The world's biggest maker of liquid crystal displays reported January-March operating profit of 94 billion won (US$91mil), from 151 billion a year earlier and 257 billion in the previous quarter.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!