LG Display announced that in Q4 2024, the company's revenues increased 15% from the previous quarter (and 6% from Q4 2023), to reach 7.8 trillion Won ($5.4 billion USD). The company returned to profitability, with an operation profit of 83.1 billion won ($58 million USD).
LG Display continues to increase its OLED business, and the proportion of OLED products in total sales expanding by 7 percentage points to reach 55% in 2024 (and 60% in Q4 2024). The company reports a notable increase in shipments of AMOLED smartphone panels.
Posted: Jan 23,2025 by Ron Mertens
