South Korean display panel maker LG Display on Friday posted a record operating loss in the December quarter, as global demand for smartphones, computers and televisions remains depressed amid an uncertain economic outlook.

Vietnam has awarded a licence to South Korea's LG Display to raise its investment in the country's northern port city of Haiphong by $750 million to $3.25 billion, local media reported on Monday.

South Korea's LG Display on Thursday reported a profit for July-September, ending a six-quarter run of loss, helped by shipments for Apple's new iPhone and stay-at-home trends boosting panel demand for TVs and laptops.

While LG Electronics is releasing the world's first 48-inch OLED TVs in June, panels for the new TVs will be supplied from LG Display's Chinese plant.

The shutdown might do harm beyond LG.

The new TVs include an updated rollable model that will "roll down" from the ceiling.

South Korea's LG Display will chop its spending by 500 billion won ($427 million) and revamp its older LCD TV production lines after falling to a third-quarter loss, it said on Wednesday.

"But LG Display had misread the market: Chinese competitors were coming on strong, and by early this year prices for LCD screens were plummeting."

LG Display applies Crystal Sound OLED (CSO) to lighting so that lighting fixtures can generate sounds like speakers.

LG Display will supply flexible organic light emitting diodes (OLEDs) to Sony. They broadened the scope of cooperation from large OLED TVs to smartphones.

The world's largest supplier of LCD screens suffered a more than 10% decrease in its stock price in the last two months, according to the Korea Exchange (KRX), as growing concerns over the industry's imbalance between supply and demand led to price cuts in display screens.

LG Display and Huawei are expected to sign an agreement for the long-term and stable supply of small- and medium-size OLED panels at the top management meeting in Korea on Oct. 3.

Huawei, Oppo, Vivo and Xiaomi will launch their flagship smartphone models featuring LG Display's OLED panels in 2018.

A new report from reliable Apple analyst Ming-Chi Kuo of KGI Securities says LG will soon join the fray and supply Apple with OLED displays for the iPhone 8.

According to electronics and display industry sources, LG Display recently agreed with Samsung Electronics to supply its two to three models of 40- to 60-inch LCD TV panels. The two companies are discussing the contract details, such as model, price and supply time, and are about to enter into a final agreement.

LG Display has scored a deal to supply television displays to rival Samsung Electronics from as soon as 2017, people with direct knowledge of the matter said.

South Korea's LG Display said it was in talks with Samsung Electronics about a supply agreement for television display panels.

Samsung is rumored to be in exclusive talks with Apple about OLED supply, and could be set to ship panels as soon as 2017. LG will presumably miss out on supplying OLED screens for 2017 iPhones, but could be in a position to join the supply chain for 2018.

As Apple basks in the unprecedented demand for its latest iPhones, suppliers from Tokyo to Taipei are sharing in the spoils.

South Korea's labour ministry has ordered LG Display to halt operations of an organic light-emitting diode (OLED) panel production line following a nitrogen gas leak

LG Display's chief executive said the company this month started mass producing so-called in-cell panels, a new display technology that is widely expected to be used in Apple's next iPhone.

New information has just came in from the world renowned agency Reuters, saying that yesterday the subsidiary of LG, LG display, just started the production of a smartphone screen that measured 4 inches exactly.

Welcome to LG Display second quarter conference call. My name is Hee Yeon Kim, Head of the IR Department. On behalf of LG Display I would like to welcome everyone to our global quarterly earnings conference call.

LG Display, which vies with Samsung Electronics Co's (005930.KS) panel unit for the top position in LCD flat screens globally, had finally been able to shake off the ill effects of an industry oversupply in TV panels -- which account about half of its revenue -- when the price-fixing charges came.

Samsung Mobile Display says the leak of its organic light-emitting diode (OLED) screen technology was allegedly planned at the corporate level of LG Display, following the arrest of 11 people involved.

AU Optronics Corp. (2409), LG Display Co. (066570) and Toshiba Corp. (6502) agreed to pay $543.5 million to resolve allegations they conspired to fix prices of flat-screen panels used in TVs and computer monitors.

South Korean prosecutors said Thursday they are investigating flat-panel maker LG Display Co. over its alleged infringement of rival Samsung Mobile Display's ultra-thin display technology.

Flat-panel maker LG Display Co. said Tuesday that it stayed in the red for a third consecutive quarter, hurt by continued sluggish demand for television panels, but added it's now seeing green shoots of recovery and may swing back to profit in the current quarter.

South Korean flat-screen maker LG Display, a key supplier to Apple Inc, posted a wider-than-expected quarterly loss on Thursday as tepid demand for TVs and PCs hit panel prices and one-off losses weighed.

LG Display's 47" HD LCD panel offers up vertical single side LED backlight technology, which promises maximum brightness while consuming less electricity than other LCD TV panels over 40 inches in size and even normal PC monitors over 20 inches in size.

South Korea's LG Display Co. said Friday localization is a priority in its China business in order to further expand its presence in the world's No. 2 economy.

Samsung Electronics was spared from fines for fixing the price of LCD screens, officials from the nation's top antitrust watchdog said. But its rival LG Display is under investigation and may face a heavy fine.

LG Electronics Inc. said Wednesday its second-quarter net profit fell 87% from a year earlier due to sharply lower investment gains from its flat-panel making unit and squeezed operating margins at its home appliance and air-conditioning businesses.

LG Display Co., the world's second-largest maker of liquid crystal display (LCD) panels, reported Thursday a third straight quarterly operating loss for the second quarter as consumers held back TV purchases on an uncertain economic outlook.

Global sales of LCD televisions this year will be well below earlier market estimates of 220 million units, flat-screen maker LG Display's chief executive said, due to economic uncertainty.