Flexible Electronics News

LG Display Reports Q2 2018 Results

LG Display will achieve a turnaround to profit in the OLED TV sector in 3Q 2018.

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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, 2018.   Revenues in the second quarter of 2018 decreased by 1% to KRW 5,611 billion ($4.95 billion) from KRW 5,675 billion in the first quarter of 2018 and decreased by 15% from KRW 6,629 billion in the second quarter of 2017.   Operating loss in the second quarter of 2018 recorded KRW 228 billion ($201 million). This compares wi...

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