Flexible Electronics News

LG Display Reports Fourth Quarter 2018 Results

Large-size OLED panels turned to profit in the latter half of 2018, five years after launching the products.

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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, 2018.   Revenues in the fourth quarter of 2018 increased by 14% to KRW 6,948 billion ($6.22 billion) from KRW 6,103 billion ($5.47 billion) in the third quarter of 2018 and decreased by 3% from KRW 7,126 billion ($6.4 billion) in the fourth quarter of 2017.   Operating profit in the fourth quarter of 2018 recorded KRW 279 billion...

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