SEOUL/TAIPEI/TOKYO -- With windfalls from COVID-19 fading, LG Display is grappling with a record loss as sinking demand, supply chain issues and advancements by Chinese rivals threaten its long-term position in the market.
Electronics
Post-COVID chill drives LG Display to record loss
Pressure to reshape business mounts as Chinese rivals catch up on OLED
The OLED panel industry has struggled as many consumers see no need to upgrade from LCD televisions. (Photo courtesy of LG Display)
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