Flexible Electronics News

LG Display Reports 2Q 2022 Results

LG Display will make efforts to expand its performance focusing on OLED in the second half of this year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2022. Revenues in the second quarter of 2022 decreased by 13% to KRW 5,607 billion ($4.27 billion) from the first quarter of 2022 and decreased by 19% in the second quarter of 2021. Operating loss in the second quarter of 2022 recorded KRW 488 billion ($371 million). This compares with the operating profit of KRW 38 billion in ...

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