Slowdown in Apple orders weighs on LG Display’s first-quarter profit
SEOUL (Reuters) – LG Display Co Ltd reported its smallest profit since it returned to the black in the second quarter of last year, as demand for iPhone and iPad screens from Apple weakened amid concerns the U. S. company is losing its luster in the mobile device market. Apple Inc, which analysts say provides about 30 percent of LG Display’s revenue, is facing intensifying competition from Samsung and up-and-coming rivals. A disappointing forecast by a U. S. . . .
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