The era of hardship is over: LG Display targets 1 trillion won in operating profit as its earnings rebound gains traction

LG Display posted a second-quarter operating loss due to one-off costs such as voluntary retirement packages, but turned profitable in the first half for the first time since 2021.

In the second half, new product launches from key customers like Apple should boost OLED shipments for mobile, TV and gaming panels.

Broader adoption of tandem OLED and ongoing cost reductions are expected to improve profitability further.

With about 3 trillion won in funding secured for investment, the company’s OLED-focused shift is fueling hopes of reaching 1 trillion won in annual operating profit.