FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo
SEOUL (Reuters) - South Korea's LG Display Co Ltd on Wednesday posted a better-than-expected second-quarter profit as pandemic-led demand for TVs and laptops drove up panel prices, pushing its shares up as much as 4.2% in morning trade.
The display maker, whose customers include Apple Inc, reported an operating profit of 701 billion won ($607 million) in the April-June quarter, beating an average analyst forecast of 599 billion won from Refinitiv SmartEstimate. Revenue rose 31% on-year to 7 trillion won.
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