LG Display announces their Q2 2025 financial results, a seasonally weak quarter, with revenue down 17% from last year to 5.587 trillion Won ($4 billion USD), but with earnings climbing to 890 billion Won ($645 million USD) - up from a 237 billion Won ($170 million USD) loss in the last quarter, thanks to the sell of its Guangzhou LCD fab to TCL CSoT.
LG's also has to thank its new strategy of prioritizing profits over expansion, and new frugality measures, for the improved results. Demand for its OLED panels was on the rise, and in the second quarter, the company's operating loss was 116 billion Won ($84 million USD). Its OLED TV business segment reported a profit in the quarter.
LG Display said that it will ship over 6 million large-area WOLED panels, out of which about 10% will be monitor panels, and the rest TV panels. Analysts expect actual WOLED panel shipments in 2025 to reach about 6.5 million units, up from 5.7 million units in 2024.
LG Display continues to shift its operations to OLED technology, and OLED driven revenues now amount to 56% of the company's total sales (up 4% from last year).
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