LG Display Q3 profit rises, buoyed by higher TV panel prices

LG DISPLAY

27/10/2021 07:40

SEOUL, Oct 27 (Reuters) - South Korea's LG Display Co Ltd
 034220.KS  posted on Wednesday a more than three-fold jump in
third quarter operating profit from a year earlier, as
pandemic-driven demand for television sets boosted prices for
large-screen flat-screen panels.
    The Apple Inc  AAPL.O  supplier posted an operating profit
of 529 billion won ($449.36 million) for the July-September
period, versus 164 billion won a year earlier.
    It missed an average analyst forecast of 600 billion won
compiled by Refinitiv SmartEstimate.
 ($1 = 1,177.2300 won)

 (Reporting by Heekyong Yang and Joyce Lee; Editing by Himani
Sarkar)
 ((Heekyong.Yang@thomsonreuters.com;))