UPDATED. 2021-10-15 17:22 (금)
LG Display continues to post profit in Q1
LG Display continues to post profit in Q1
  • Gijong Lee
  • 승인 2021.04.29 05:18
  • 댓글 0
이 기사를 공유합니다

Company benefited from LCD price rise
Image: LG Display
Image: LG Display

LG Display said on Wednesday that it has recorded 6.88 trillion won in sales and 523 billion won in operating income in the first quarter.

Sales increased 46% from the a year prior. 

However, sales dropped 8% and operating income 24% from the previous quarter.

The firm beat South Korean analysts’ consensus of 6.83 trillion won in sales and 510 billion won in operating income.

LG Display said it saw high demand for its panels from TV and IT sectors in the quarter, despite it being the time period traditionally the off season.

High demand and shortage caused liquid crystal display prices to be higher than expected, which helped the quarterly performance, the company said.

IT panels accounted for 40% of its sales during the quarter, followed by TV’s 31% and mobile’s 29%.

Shipment of OLED TV panels in the quarter remained the same level as those in the fourth quarter, LG Display said.

The firm is aiming to ship 8 million OLED TV panels this year.

In panels for mobile, LG Display will focus on quality and yield rate to deliver new products in time [for customers], it added.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2021 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트