U.S. markets closed
  • S&P Futures

    3,806.75
    -10.00 (-0.26%)
     
  • Dow Futures

    31,197.00
    -39.00 (-0.12%)
     
  • Nasdaq Futures

    12,631.50
    -50.25 (-0.40%)
     
  • Russell 2000 Futures

    2,196.20
    -9.60 (-0.44%)
     
  • Crude Oil

    61.27
    -0.01 (-0.02%)
     
  • Gold

    1,713.90
    -1.90 (-0.11%)
     
  • Silver

    26.30
    -0.09 (-0.35%)
     
  • EUR/USD

    1.2063
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    1.4700
    +0.0550 (+3.89%)
     
  • Vix

    26.67
    +2.57 (+10.66%)
     
  • GBP/USD

    1.3941
    -0.0012 (-0.08%)
     
  • USD/JPY

    107.0260
    +0.0240 (+0.02%)
     
  • BTC-USD

    51,414.39
    +2,704.63 (+5.55%)
     
  • CMC Crypto 200

    1,028.10
    +40.00 (+4.05%)
     
  • FTSE 100

    6,675.47
    +61.72 (+0.93%)
     
  • Nikkei 225

    29,132.22
    -426.88 (-1.44%)
     

LG Display reports strong Q4 profit on iPhone demand, rising panel price

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

SEOUL, Jan 27 (Reuters) - South Korea's LG Display Co Ltd on Wednesday reported a market-beating profit for October-December, its second consecutive quarterly profit, helped by increased shipments for Apple Inc's new iPhones and strong TV demand.

The display maker posted an operating profit of 685 billion won ($622.16 million) in the fourth quarter of 2020, compared with a loss of 422 billion won in the same period a year earlier.

The result beat expectations for a 286 billion won profit, according to a Refinitiv SmartEstimate derived from 12 analysts' estimates.

($1 = 1,101.0000 won) (Reporting by Joyce Lee and Heekyong Yang Editing by Chris Reese)