LGD increase capital by KRW1.36 trillion to bet on OLED

Daniel Chiang, Taipei; Jack Wu, DIGITIMES Asia Thursday 21 December 2023 0

Credit: AFP

LG Display (LGD), which has experienced six consecutive quarters of losses, has announced a capital increase with consideration of KRW1.36 trillion (approx. US$1.04 billion) to secure investment funds and financial stability. This comes after the company...

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