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>> Panel boom Chunyan trace LGD optimistic about the second half of the performance improvement 25th,Sep,2017
Panel industry long-awaited boom Chunyan finally come? South Korea panel plant LG Display (LGD) CEO Han Xiangfan (Sang Beom Han) said on Wednesday, has seen the market situation stabilized, is expected to second half performance is expected to improve.
Han Xiangfan said in a media interview that the end of the second quarter of the panel industry has been signs of rejuvenation, but did not explain the reasons for optimism, saying that will continue to work to reduce operating costs.
Even so, the panel industry downturn is too late, LGD is expected in July 27 announced second quarter earnings, analysts expect LGD quarterly operating profit may be only 18 billion won (15.72 million US dollars), compared with Last year by 96%
With the OLED panel to accept the increase, LGD this year, although has been actively overweight investment, but still behind major competitors Samsung step, so that Apple may be handed down next year, OLED panel, let Samsung grab the initiative. Han Xiang Fan said, OLED currently accounts for LGD overall revenue is still not, now still have to rely on LCD business support.
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