Apple supplier LG Display posts fourth quarterly loss in a row - News Daily

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Thursday, January 30, 2020

Apple supplier LG Display posts fourth quarterly loss in a row

SEOUL (Reuters) - Apple supplier LG Display Co Ltd reported its fourth quarterly operating loss in a row on Friday, hit by lower liquid crystal display (LCD) panel prices and restructuring costs. The South Korean company posted a loss of 422 billion won (275.1 million pounds) in the October-December quarter, compared with an operating profit of 279 billion won in the same period a year previous.

The post Apple supplier LG Display posts fourth quarterly loss in a row appeared first on Firstpost.



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