LG Display Clocks 18 Percent Revenue Growth in Q4; Steep Decline in TV Panel Prices Hit Profit

LG Display Clocks 18 Percent Revenue Growth in Q4; Steep Decline in TV Panel Prices Hit Profit
The corporate logo of LG Electronics in Goyang, South Korea, on Oct. 26, 2017. Lee Jin-man/AP Photo
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LG Display Co. Ltd. reported fourth-quarter FY21 revenue growth of 18 percent year-on-year to KRW 8.81 trillion.

The ASP rose 2 percent Y/Y to $806. The display area shipment rose 8 percent Y/Y to 9.4 M m². The capacity rose 7.4 percent Y/Y to 11.6 M m².