LG display in 2016 a quarter: revenues plunge 95%-LG display-IT information

IT information news on April 27, LG display 2016 was released first-quarter earnings today, its operating earnings of 39.5 billion won, about 225 million Yuan, down 95% from 2015, is at least a quarter of revenue over the past four years. According to Reuters, LG attributed to the macroeconomic downturn and overcapacity in the LCD display.

Also mentioned in the report, first quarter of LG display shipments and 2015 were 7.7% lower than in the fourth quarter, average selling prices for the 17%. Therefore, the amount of capacity being used in the manufacture of more profitable large display (60/152 cm or larger). LG display company CFO (Chief Financial Officer) Don Kim, "says 2016 second-quarter shipments will increase compared to the first quarter of 5%". According to estimates by foreign media, the convening of the 2016 Summer Olympics in Rio will promote the sales of big-screen TV, LG display in the next few months will be better.

Growing LCD display market competition, especially from China's Taiwan and China manufacturers LG, Samsung and other manufacturers have brought unprecedented pressure, such as do not plan, LG display to recasting the brilliance that year even more difficult.

LG显示器公司2016年一季度财报：营收猛降95% - LG,显示屏 - IT资讯

IT资讯讯 4月27日消息，LG显示器公司今天发布了2016年第一季度的财报，其营业收入为395亿韩元，约合2.25亿元人民币，比2015年同期下降了95%，是过去四年中营收最少的一个季度。据路透社报道，LG将此归结为宏观经济的不景气和LCD显示屏的产能过剩所致。

财报中还提到，LG第一季度的显示屏出货量与2015年第四季度相比下降了7.7%，平均售价下降了17%。因此，大量的产能被用于制造利润较高的大型显示屏（60英寸/152厘米或更大）。LG显示器公司CFO（首席财务官）Don Kim表示，“2016年第二季度的出货量相较于第一季度将增加5%”。据外媒估计，2016年里约夏季奥运会的召开将会促进大屏电视机的销售，在接下来的几个月里LG显示器公司的日子将会好过一些。

LCD显示屏市场竞争日渐加剧，特别是来自中国台湾和大陆的厂家给LG、三星等厂家带来了前所未有的压力，如不图变，LG显示器想要重铸当年辉煌怕是难上加难。