LG Display Co. returned to profit for the first time in over a year as strong demand for the iPhone 5 and tablet computers increased sales of its display panels.
LG Display Co. returned to profit for the first time in over a year as strong demand for the iPhone 5 and tablet computers increased sales of its display panels.
LG Display reported a wider-than-expected quarterly loss Thursday, hit by a U.S. price-rigging penalty and weak demand for TVs.
LG Display Co. said 11 people including six of its own employees have been charged with stealing advanced TV display technology from rival Samsung.
LG Electronics reported its second straight quarterly loss, hit by investments in affiliates and falling sales, though the size of the red ink sharply narrowed amid improvement in its mobile phone and television businesses.
LG Electronics says competition is heating up in the global battle to woo viewers to 3-D TVs and the South Korean company thinks it has an edge.
