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LG.Philips says sales up but profits down

January 17th, 2007 · No Comments

LCD Panel-maker LG.Philips has announced sales increases of three percent (up to 3.3 billion dollars) for the fourth quarter of 2006, alongside a net loss of 187 million dollars. This compares to a net profit of 353 million dollars for the previous year. The company says that it shipped a total of 2.3 million square meters of display area in Q4, with an average selling price per square meter of 1,414 dollars.

Tags: LCD TV · Trade

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