LG Display posts quarterly loss, will move investment to AMOLEDs or Solar Cells

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