LG Display Co. (LPL) has released an update.
LG Display Co. reports a mixed financial performance for Q1 2024, with revenues rising 19% year-on-year to KRW 5.253 trillion, but experiencing a quarter-on-quarter drop of 29%. The company saw a reduced operating loss of KRW 469 billion compared to the previous year, attributing improvements to enhanced OLED business and cost-reduction measures. Looking ahead, LG Display is focusing on high value-added products across various sectors, including TV, IT, mobile, and automotive, while aiming to fortify its market position and operational efficiency.
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