| Mobile Web

LG Display posts Q2 operating loss of 107.7 billion won, swings to deficit

LG Display posted an operating loss in the second quarter, though it kept a profit trend for the first half. The company reported second-quarter revenue of 56.1 trillion won and an operating loss of 107.7 billion won on a consolidated basis, swinging to a deficit from the previous quarter. It said the loss reflected seasonal weakness and one-off costs from workforce efficiency efforts, while it pointed to results from shifting its business structure toward OLED.