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LG Display says 2017 capex could be higher than planned
April 26, 2017 / 3:41 AM / in 8 months

LG Display says 2017 capex could be higher than planned

SEOUL (Reuters) - South Korea’s LG Display Co Ltd said on Wednesday that capital expenditure for this year could be higher than previously planned, due to rising demand for new technology development.

A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/Files

LG had not decided on a concrete number yet, CFO Don Kim told a conference call.

LG Display posted a record quarterly profit of 1.03 trillion won ($915.08 million) in the January-March period on demand for large television panels.

Reporting by Joyce Lee; Editing by Stephen Coates

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