Latest OLED News & Updates

LG Display Reports Net Loss in Q2 Due to One-Off Costs

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Seoul, July 22 (IANS) LG Display, an affiliate of South Korean electronics giant LG Electronics, said on Wednesday it swung to a net loss in the second quarter from a year earlier due to one-off costs.For the three months that ended in June, the company shifted to a net loss of 418.8 billion won (US$283 million) from a net profit of 890.8 billion won, it said in a statement.”One-off costs associated with a voluntary retirement program in the second quarter weighed on the bottom line,” a company …

South Korea’s ICT Exports Double in March Driven by Semiconductor Demand

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Seoul, April 14 (IANS) South Korea’s exports of information and communication technology (ICT) products more than doubled in March from a year earlier, driven by strong semiconductor demand amid the global artificial intelligence (AI) boom, government data showed on Tuesday.Outbound ICT shipments reached US$43.51 billion last month, up from $20.52 billion a year earlier, according to the data from the Ministry of Science and ICT, reports Yonhap news agency.This marks the first time that monthly …