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LPL - LG Display Seems To Be Recovering Even Though Headwinds Remain
November, 07 2020 10:53 AM
LG Display Co Ltd AMERICAN DEPOSITORY SHARES
LG increased Q3 revenue by 16% YoY to wind up with its first profit after six straight quarterly losses. LG's improved numbers were enabled by several factors, which the company reckons will keep providing a lift in Q4. Increased demand and pricing for LCD panels could set the stage for another downturn that could impact OLEDs LG is counting on to drive growth. LG seems to have benefited from the re-opening in Europe and the U.S., but a resurgence of COVID-19 means the company is not yet out of the woods. For further details see:
LG Display Seems To Be Recovering Even Though Headwinds Remain
Stock Information
Company Name:
LG Display Co Ltd AMERICAN DEPOSITORY SHARES
Stock Symbol:
LPL
Market:
NYSE
Website:
lgdisplay.com
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