LG Display, the world's second-largest flat panel maker, yesterday reported record earnings in the third quarter owing to strong demand from China, but warned that the industry could face modest over-supply in coming months.
LG is the first of the Asian flat-screen makers to report earnings this season. Net profit at LG Display almost doubled to Won559bn ($483m) in the three months to October from the same period a year earlier , while operating profit almost quadrupled to Won904bn. Sales rose 55 per cent to Won5,974bn.
The robust results indicate that the sector is on the way to a full recovery thanks to Beijing's stimulus package, which has encouraged rural Chinese consumers to buy new consumer electronics goods.
您已閱讀52%（722字），剩余48%（666字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務。