SEOUL (Reuters) – South Korean flat-screen maker LG Display reported a second consecutive quarterly loss on weak demand for large display panels for TVs and small panels for smartphones.
The Apple supplier posted an operating loss of 94 billion won ($67.8 million) for the April-June quarter.
The result compares with a loss of 881 billion won a year earlier and an estimate for a 308 billion won loss by LSEG SmartEstimate.
Revenue rose 42% to 6.7 trillion won.
($1 = 1,386.3900 won)
(Reporting by Joyce Lee and Heekyong Yang; Editing by Christian Schmollinger)
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