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LGD faces 3Q24 losses, but eyes turnaround in 4Q with OLED shipments for iPhone 16 series

Daniel Chiang, Taipei; Willis Ke, DIGITIMES Asia 0

Credit: LGD

LG Display (LGD) is expected to report losses in the third quarter of 2024, driven by sluggish IT OLED sales, rising raw material costs, and the depreciation of the Korean won against the US dollar. Despite these challenges, the company anticipates...

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