Flexible Electronics News

LG Display Reports 4Q 2023 Results

Revenues in the fourth quarter of 2023 increased by 55% to $5.56 billion from the third quarter of 2023, driven by OLEDs.

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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 Dec. 31, 2023. Revenues in the fourth quarter of 2023 increased by 55% to KRW 7,396 billion ($5.56 billion) from KRW 4,785 billion in the third quarter of 2023 and increased by 1% from KRW 7,302 billion in the fourth quarter of 2022. Operating profit in the fourth quarter of 2023 recorded KRW 132 billion ($99 million). This com-pares wi...

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