LG Display has posted a quarterly loss of around 500M$, the first loss in two years - due to falling prices and slow demand for TVs. It did however post a record in sales and operating profits for the entire of 2008.
The company will invest 425M$ to increase capacity of small-sized displays (including OLEDs probably).
LG also said they will invest more in AMOLEDs or Solar Cells.
Posted: Jan 16,2009 by Ron Mertens