LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL)
3.2400
+0.0100 (0.31%)
LG Display Company Ltd is a leading global manufacturer of display panels and technologies, specializing in liquid crystal display (LCD) and organic light-emitting diode (OLED) panels for various applications including televisions, computers, and mobile devices. The company focuses on innovation and advanced display solutions, enabling high-quality visual experiences for consumers and businesses alike. With a commitment to research and development, LG Display is at the forefront of the display industry, continuously striving to enhance visual performance and energy efficiency while also contributing to sustainable practices in production and product lifecycle management.
Apple plans to transition all iPhone models, including the lower-priced iPhone SE, to OLED displays by 2025, phasing out LCDs and excluding Japanese suppliers like Japan Display and Sharp from its handset business.
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LG Display sees turnaround with growth in high-value OLED products and plans to cut investments. Revenues in the fourth quarter of 2023 increased by 55% Q/Q and increased by 1% Y/Y.
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LG Display Co Ltd (NYSE: LPL) reportedly disclosed the deal to supply high-end TV panels to Samsung Electronics Co Ltd (OTC: SSNLF) starting this quarter.
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