Apple display maker slashes its budget after second quarterly loss


Apple display maker LG Display supposedly faces an “uncertain outlook” after posting its second quarterly loss, based on falling prices for its services. As a result of the disappointing earnings, LG has cut investment plans by $2.7 billion for the period through 2020. In an earnings call, LG’s CFO Don Kim blamed “uncertainty around the […]

(via Cult of Mac - Tech and culture through an Apple lens)

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