Apple supplier LG Display posts larger loss, but says the worst is over

SEOUL: Apple Inc supplier LG Display Co Ltd said on Thursday is expects profitability to improve in the second half of this year, despite a larger operating loss as people shied away from buying TV sets during the coronavirus pandemic.

“Considering the prolonged COVID-19 pandemic, it is true that the macroeconomic environment is still not favourable. However, we observe that the worst is over,” said Suh Dong-hee, chief financial officer and senior vice president.