LG Display losses mount on falling panel prices

The Apple Inc (AAPL.O) supplier posted an operating loss of 228 billion won (153.72 million pounds), compared with an average forecast of a 247 billion won loss derived from a Thomson Reuters survey of 11 analysts. It was LG Display’s second consecutive quarterly loss amid an uncertain time for the global panel industry, with Chinese manufacturers ramping up capacity and a glut of LCD output crimping prices and profit margins. …read more

Source:: Yahoo Finance

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