LG Display Co. (NYSE:LPL) Shifts Focus to High-Margin OLED Technology
LG Display Co. (NYSE:LPL) reported an earnings per share (EPS) of -$0.01, missing the estimated EPS of $0.07, yet showcased a 25% sequential increase in revenue due to its strategic shift towards OLED technology.OLED products now constitute 65% of LPL's total sales, indicating a successful transition and potential for improved profitability.Despite current financial challenges, including a negative price-to-earnings (P/E) ratio of -18.70 and a debt-to-equity ratio of 2.00, LPL's forward-looking metrics sugg ...