LG Display Reports 30 Percent Slump in Quarterly Profit, Hit by Lower TV Panel Prices

LG Display on Wednesday reported a 30 percent drop in quarterly operating profit as a one-off cost related to profit-sharing plan and lower TV panel prices offset solid shipments of smaller screens for computers, laptops, and smartphones in Q4 2021.

LG Display Reports 30 Percent Slump in Quarterly Profit, Hit by Lower TV Panel Prices
LG Display on Wednesday reported a 30 percent drop in quarterly operating profit as a one-off cost related to profit-sharing plan and lower TV panel prices offset solid shipments of smaller screens for computers, laptops, and smartphones in Q4 2021.