SEOUL/TAIPEI/TOKYO -- South Korean and Taiwanese panel makers endured reversals in the January-March quarter as related earnings tumbled due to sliding market conditions and miscalculations about demand linked to Apple iPhones.
Samsung Electronics logged a 68% plunge in operating profit on the year for its display segment, falling to 410 billion won ($379 million) for the lowest total in seven quarters. The South Korean manufacturer controls about 90% of the global market for small and midsize organic light-emitting diode panels. Overall operating profit still reached a record 15.64 trillion won thanks to a brisk semiconductor business, the company said Thursday.
