LG Display Fourth-Quarter Loss Narrows on 3-D, Mobile Demand
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LG Display Co., the world’s second-largest maker of liquid-crystal displays, reported a fourth-quarter loss narrower than estimates, helped by demand for panels used in 3-D televisions and mobile devices.
The net loss was 6.3 billion won ($5.6 million) in the three months ended Dec. 31, compared with a loss of 268.4 billion won a year earlier, according to a filing by the Seoul-based company today. The average of 25 analyst estimates compiled by Bloomberg was for a net loss of 83.9 billion won.