Thursday, September 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM and ARM Collaborate to Accelerate Delivery of Internet of Things
LG To Offer Amazon Titles In HDR On webOS Smart TV Platform
Qualcomm Details New Snapdragon 820 and Kryo CPU
IFA: Samsung Launches The "HumanFit" Wearable Platform
Panasonic To Showcase New Technics Products And THX-Certified OLED TVs At IFA
NHK To Showcase First 85-inch 8K LCD With HDR at IBC 2015
This Is The New Moto 360
Lenovo Yoga Tablets Feature A Built-in projector, New Phab Smartphones Look Impressive
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > LG Disp...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 23, 2014
LG Display Reports First Quarter Results


LG Display reported today unaudited earnings results for the three-month period ending March 31, 2014.

The company's revenues in the first quarter of 2014 amounted to KRW 5,588 billion and operating profit was KRW 94 billion. Net income recorded a loss of KRW 82 billion.

Despite the fact that the first quarter of the year is normally regarded as an off-season, the company recorded an operating profit for the eighth consecutive quarter mainly due to cost reductions. Net income recorded a loss in the first quarter owing to the reduction of deferred tax assets.

The company shipped a total of 8.33 million square meters of net display area in the first quarter of 2014, a decrease of 13% quarter-on-quarter. LCD TV panels accounted for 41% of revenues in the first quarter of 2014, while monitors made up 20%, mobile applications 17%, notebook PCs 12% and tablets 10%.

LG Display will start ramping up the M2 production line in the second half of this year to expand the OLED TV product line-up. At the same time, LG Display will maintain its advantage in the LCD business with its IPS and copper line technology. In addition, it will further strengthen its future by expanding differentiated technologies, such as LTPS and plastic OLED.

"The company maintained an operating profit for the first quarter based on proactive cost reductions and a slowing decline in panel prices", said Don Kim, CFO of LG Display. "We expect a low-teen percentage increase in area base shipment due to growth in seasonal demand and the trend towards larger-sized TVs. The market is expected to show more stability towards the second half of the year with a stabilization in panel prices and a price increase for some products depending on the supply and demand situation."




Previous
Next
OnePlus One To Launch Next Month        All News        Toshiba Announces Canvio AeroMobile Wireless SSD
Travelling Through Time On Updated Google Maps     General Computing News      Global Chip Revenue Rises in 2013

Get RSS feed Easy Print E-Mail this Message

Related News
LG Display To Heavily Invest In OLED
LG Display to Invest in OLED Panel Line for Flexible Displays
LG Display Launches Slimmer LCD Panels with Advanced In-Cell Touch Technology for Notebook PCs
South Korean Display Makers To Provide Flexible Display For Next Apple Watch: analyst
LG Display Showcases 18-inch Rollable Display At SID
LG Display Unveils New Wallpaper OLED Panel
LG Display Leads The OLED Market
European Court Confirms LCD Panel Cartel Fine for LG Display
LG Display Returns to Profitability
Next-generation iMac Coming With 'super high-res' 8K Screen: LG Display
LG Display Launches New 5.5-inch QHD LCD Panel for Smartphones
Feud Between LG And Samsung Excalates Over OLED Technology Theft

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .