{"id":11173,"date":"2010-01-20T10:46:00","date_gmt":"2010-01-20T08:46:00","guid":{"rendered":""},"modified":"2010-01-20T10:46:00","modified_gmt":"2010-01-20T08:46:00","slug":"lg-reports-record-flatscreen-profits","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/11173-lg-reports-record-flatscreen-profits.html","title":{"rendered":"LG reports record flatscreen profits"},"content":{"rendered":"

LG Display, the world’s second-largest manufacturer of liquid crystal displays used in flat screen televisions and other products, earned 478 billion won ($420.7 million) in the three months ended Dec. 31, the company said Wednesday in a statement and regulatory filing. It posted a loss of 684 billion won a year earlier.<\/p>\n

Sales during the quarter rose 46 percent to 6.1 trillion won from 4.16 trillion won a year earlier.<\/p>\n

LG Display returned to profit after it and its LG Display America unit were fined $400 million as part of a Justice Department probe into price-fixing by LCD makers. The entire fine was reflected in earnings for the fourth quarter of 2008.<\/p>\n

Shares in LG Display, which released earnings results after the stock closed, fell 2.1 percent at finish at 40,050 won. The shares gained 87 percent in 2009.<\/p>\n

LG shows record flatscreen profits<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

LG Display Co. returned to profit in the fourth quarter of 2009 amid a jump in sales after a U.S. price-fixing fine dragged it into the red a year earlier.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-11173","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/11173"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=11173"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/11173\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=11173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=11173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=11173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}