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Company’s revenues increased by 11% quarter-on-quarter and operating profit up 317% quarter-on-quarter.
January 28, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Driven by continued growth in OLEDs as well as its Guangzhou OLED plant ramping up to full-scale production, LG Display reported excellent growth during 2020. According to its unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards), revenues in the fourth quarter of 2020 increased by 11% to KRW 7,461 billion ($6.76 billion) from KRW 6,738 billion in the third quarter of 2020. This also was a 16% increase from KRW 6,422 billion in the fourth qua...
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