ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

LG Display swings to profit in Q2 as panel prices rise

COVID-led demand for TVs and laptops pushes revenue up 31% on year

The South Korean display maker that supplies Apple reported an operating profit of 701 billion won ($607 million) in the April-June quarter, compared with a loss in the same period last year.

SEOUL (Reuters) -- South Korea's LG Display on Wednesday swung to a profit in the second quarter versus a loss a year earlier, as pandemic-led demand for TVs and laptops drove up panel prices.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more