LG Display earned money during the early 2025 despite the slow sales season. The company made about 6 trillion Korean won between January through March. They saw higher sales than last year but lower than the previous three months. Their profit reached nearly 34 billion won, much better than the 469 billion won loss from early 2024.
OLED screens helped drive more sales this year. These special displays went into TVs, computers, phones, tablets, cars, monitors, and laptops. The company said OLED products made up 55 percent of all money earned, an eight percent jump from the same time last year. LG Display cut costs deeply, which helped it stay profitable for two quarters straight.
TV panels brought in 22 percent of the cash during the first three months. Computer screens earned 35 percent of the money. Mobile device displays added 34 percent more. Car screens added the final nine percent. The business plans to keep making profits through better OLED technology.
The company looks toward small screens with better quality. It wants phone displays that last longer with less power use. Its tandem OLED technology offers brighter pictures. Car displays remain important, as LG leads this market. It makes special screens for vehicles that offer clear images.
LG Display just sold its LCD factory in China, allowing it to focus more on OLED panels and plan new TV screens for gaming needs. The business wants steady growth even with market problems, and its financial officer believes it can keep earning profits throughout 2025.
OLED screens helped drive more sales this year. These special displays went into TVs, computers, phones, tablets, cars, monitors, and laptops. The company said OLED products made up 55 percent of all money earned, an eight percent jump from the same time last year. LG Display cut costs deeply, which helped it stay profitable for two quarters straight.
TV panels brought in 22 percent of the cash during the first three months. Computer screens earned 35 percent of the money. Mobile device displays added 34 percent more. Car screens added the final nine percent. The business plans to keep making profits through better OLED technology.
The company looks toward small screens with better quality. It wants phone displays that last longer with less power use. Its tandem OLED technology offers brighter pictures. Car displays remain important, as LG leads this market. It makes special screens for vehicles that offer clear images.
LG Display just sold its LCD factory in China, allowing it to focus more on OLED panels and plan new TV screens for gaming needs. The business wants steady growth even with market problems, and its financial officer believes it can keep earning profits throughout 2025.
