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PCs and screens

PCs and screens latest

LG display reports losses amid declining global demand for computers and screens
April 27th, 2023 - 07:14 GMT

LG Display reports losses as global demand ebbs

ALBAWABA - LG Display recorded losses of 1.1 trillion Korean won ($823 million) due to operating losses in the period from January to March, compared with profits of 38 billion won ($28.5 million) generated in the previous year. LG Display's loss exceeded the expectations of 18 analysts surveyed by Refinitiv SmartEstimate. The pundits had predicted the company's losses at 660 billion won ($494 million). Revenues also decreased by about a ...
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