After a year of losing money or generating zero return, the global large-sized LCD panel business returned to profitability in the third quarter, according to iSuppli’s latest research.
Analysts say the main reason LCD panels have not been profitable for so long is the market’s extreme state of oversupply, which resulted in LCD panel pricing that was below manufacturing costs.
LG Display was the world’s largest seller of large-sized LCD panels in the second quarter of 2009, accounting for 25.3 percent of shipments.