A slump in TV sales has seen LG Display post record losses after the company struggled to offset the effects of slowing consumer demand. LG Display is the part of LG that makes screen panels, and it’s the sole supplier of standard OLED panels to other TV manufacturers – nearly all of the best OLED TVs use its displays, except those that use QD-OLED (made by Samsung Electronics). The South Korean manufacturer published its financial results for Q3 2022 earlier this week, with the report revealing an eye-watering operating loss for the quarter of over $540 million.
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