LG Display reported its Q4 2017 financial results. Revenues reached KRW7,126 billion ($6.6 billion USD) - up slightly from Q3 2017 but down 10% from Q4 2016. Net income was KRW 44 billion ($42 million USD, a drop of 91% from Q3 2017 and 95% from Q4 2016).
Looking back at 2017, LGD says that it solidified its OLED business, increased its annual OLED TV shipments to 1.7 million units and started production of flexible OLEDs at its E5 production line. The 6-Gen E5 line has started mass production in Q3 2017 but will only start to output displays for products that will launch at the end of 2017 - the 6" P-OLEDs used in LG's own V30 and Google's Pixel 2 XL were produced at LG's older and smaller E2 line, and reviewers and consumers alike were disappointed in LG's AMOLED performance. . In August we first reported that LGD is still facing very low yields at its 6-Gen E5 line, but it seems that yields and display quality are improving.
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