LG Display suffers third straight quarterly loss
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LG Display has announced that for the third straight quarter it has suffered a net loss due largely to low demand for flat screen TV panels. Over the first three months of 2012 the company saw a net loss of 129 billion won ($113 million), which represents a further drop compared to last year when it posted a 115.4 billion won ($101 million) net loss. It also experienced an operating loss of 178.2 billion won ($156 million) over the same period, though revenue did rise 15.2 percent compared to last year totalling 6.18 trillion won ($5.4 billion). »read more
More at: TheVerge Add additional source
Filed in: LG