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大尺寸OLED业务盈利改善
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LGD:大尺寸电竞显示OLED占比增加!
WitsView睿智显示· 2025-07-25 09:07
Core Viewpoint - LG Display is experiencing significant external challenges, including U.S. tariff policies and macroeconomic fluctuations, yet it continues to ship large-sized OLED panels as planned, with an expected annual shipment of around 6 million units, showing growth compared to the previous year [1][2]. Group 1: Business Performance - LG Display's large-sized OLED business has been operational for over 10 years but has yet to achieve profitability. However, the depreciation of its Guangzhou OLED factory is expected to end this month, which may help reduce losses if production capacity and sales improve [2]. - The company's second-quarter performance showed sales of 5.587 trillion KRW (approximately 29.22 billion RMB), an operating loss of 1.16 trillion KRW (approximately 607 million RMB), and a net profit of 891 billion KRW (approximately 4.66 billion RMB). Compared to the same period last year, sales decreased by 16.7%, while the net profit turned around from a loss [3]. Group 2: Market Trends and Customer Base - The demand for large-sized OLEDs is diversifying, with an increasing share of products such as gaming monitors, which is expected to exceed 10% of the total shipments this year [1]. - Major clients include LG Electronics, Samsung Electronics, and Sony, with Samsung's OLED TV shipments being particularly significant for LG Display [2]. Group 3: Strategic Initiatives - LG Display is focusing on enhancing product competitiveness, diversifying its product line, and innovating costs to improve profitability. The company aims to establish strong partnerships with top global clients to achieve stable growth and profitability [2]. - The president of LG Display expressed a commitment to improving the profitability of the large-sized OLED business by strengthening customer structure and expanding sales in ultra-large and gaming sectors, aiming for a turnaround this year [2].