Tag Archives: Loss
LG Display has reported its third straight quarterly loss due to feeble demand for TVs and delays in developing new tablet panels. The company said that it suffered a net loss of 129 billion won ($113 million) for the quarter, smaller than analyst expectations for a loss of 133 billion. It had a net loss of 115 billion won a year earlier. It also experienced an operating...
According to Reuters, Japanese consumer electronics Panasonic Corporation is likely to forecast a record net annual loss of more than $9.2 billion. Panasonic’s is following the suite as per from rivals Sony Corp and Sharp Corp which results in for a combined losses of $6.7 billion. “Panasonic, like Sharp and Sony, has structural problems,” said Makoto Kikuchi,...