- 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