Font ResizeSEOUL, South Korea—LG Display reported a profit for the fourth quarter as its key customers including Apple Inc. launched new products.
The South Korean panel maker said Thursday its October-December net income reached 319.7 billion won ($299 million), lower than the 352 billion won median forecast by analysts polled by FactSet.
It had a loss of 6.3 billion won a year earlier when the European Union fined LG 215 million euros for price fixing.
Sales rose 32 percent to 8.74 trillion won. Operating profit totaled 587.3 billion won, compared with a 154.7 billion won loss a year earlier.
Analysts expect a lower profit in the current quarter due to slower sales of iPhones and iPads.
Recommend it () 
You must be registered to comment (your comment will be saved for you while you register). It's quick (it takes about 30 seconds) and we only require your email and name. Comments that include any offensive material are prohibited. By using our site you agree to our terms of use.