
LG Display is anticipated to rebound from its financial struggles next year by focusing on high-value-added OLED panels. The company has been facing consecutive yearly deficits, with operating losses totaling billions of won in recent years. Despite ongoing losses in the current year, analysts believe that LG Display will be able to reduce these losses gradually, with a turnaround anticipated in the final quarter. To improve its financial situation and shift towards OLED panels, LG Display has been selling off its LCD facilities and real estate. The recent sale of its LCD factories in China and property in South Korea is expected to provide the company with a fresh influx of cash, enhancing its financial stability and enabling increased investment in OLED production. Analysts predict that LG Display's strategic shift to OLED-centric operations will boost profitability, especially with Apple's planned adoption of more advanced LTPO OLED displays in its upcoming iPhone models, for which LG Display is a supplier alongside Samsung Display. Overall, LG Display's restructuring efforts and strategic partnerships are positioning the company for a positive turnaround in the near future, with a focus on high-value OLED technology as a key driver for its anticipated success.