LG Display Forecasts Profitability for 2023, Anchored by OLED Technology Innovation
2025-05-26 / Read about 0 minute
Author:小编   

LG Display has secured an operating profit in the first quarter, maintaining an EBITDA exceeding 1 trillion Korean won for four straight quarters, signaling a remarkable turnaround in its financial performance. The company has successfully divested from its LCD business and enhanced cost efficiency through the differentiation of OLED technology and the restructuring of its product portfolio. Looking ahead, it is anticipated that LG Display's annual performance will also experience a positive reversal, with OLED technology innovation and the expansion of its high-end market share serving as the primary catalysts. Furthermore, a decrease in the company's annual depreciation costs has contributed to its robust financial health.