LG Display recorded KRW 6.957 trillion ($4.9 billion) in revenues and KRW 431 billion ($300 million) in operating profit on a consolidated basis in the third quarter of 2025.

The company’s cumulative results for the first three quarters of 2025 were KRW 18.6 trillion ($13 billion) in revenues and KRW 348.5 billion ($240 million) in operating profit, signaling a clear turnaround to full-year profitability for the first time in four years.

Despite a 1% year-on-year decrease in cumulative revenues due to the phase-out of its LCD TV business, LG Display’s cumulative operating profit improved by approximately KRW 1 trillion, demonstrating visible progress in the company’s continued transformation toward an OLED-centered business structure.

Third-quarter revenues increased by 25% quarter-on-quarter, driven by higher OLED panel shipments across all product categories. OLED products accounted for 65% of total revenues, the highest proportion to date, supported by seasonal demand and the launch of new small- and mid-sized OLED panels.

TV panels accounted for 16% of revenues in the third quarter, while those for IT devices including monitors, laptops, and tablet PCs accounted for 37%. Panels for mobile and other devices accounted for 39% and automobile panels accounted for 8% of revenues.

Operating profit turned positive, improving by more than KRW 500 billion quarter-on-quarter and year-on-year, due to the expanded OLED shipments across all segments and the company’s continued strong cost innovation initiatives. Despite partially reflecting one-off expenses related to workforce optimization during the third quarter, LG Display achieved results that met market expectations.

LG Display plans to further enhance customer value and strengthen profitability by expanding the share of premium products while reinforcing its differentiated technological competitiveness in OLED and improving operational efficiency.

In its small- and mid-sized OLED business, the company will bolster its competitiveness through close partnerships with customers, based on its technological leadership and stable supply capabilities. In addition, by introducing premium products developed through systematic preparation for future technologies, LG Display plans to respond to the diverse needs of the market and customers while expanding its business opportunities.

With regard to its large-sized OLED business, the company aims to enhance the fundamental competitiveness of its OLED products and diversify its product lineup to continue securing stable performance.

Since commercializing large-sized OLED panels for the first time in the world, LG Display’s related technology has rapidly evolved to its fourth-generation OLED, recognized for its perfect content reproduction. The company plans to further expand its lineup of differentiated, high-end products that reflect consumer needs — such as gaming monitors — based on its accumulated technological expertise, with the strategy of solidifying its position in the premium market.

As for its automotive display business, LG Display will continue to strengthen its leadership in this growing market based on its differentiated product and technology portfolio — including Tandem P-OLED, Advanced Thin OLED (ATO), and high-end LTPS LCD — as well as its solid customer relationships.

“Despite continued uncertainty and volatility in the external environment over the past few years, we have enhanced the execution of our strategic initiatives and expanded our business performance each year through a selective and focused approach to operations,” says Sung Hyun Kim, CFO of LG Display.“Our turnaround in profitability on a full-year basis is now visible. Building on our strengthened business fundamentals and operational capabilities, we will strive to further reinforce our profit structure and continue to expand our performance going forward.”