Summary Box: LG Display reports quarterly loss

ANOTHER BAD QUARTER: LG Display Co., the world’s second-largest maker of liquid crystal displays, had its third straight quarterly loss.

THE REASONS: Feeble demand for TVs and delays in developing new tablet panels.

THE BACKDROP: It comes after display panel suppliers had one of their worst years as an industrywide supply glut and weaker-than-expected consumer demand for TVs battered prices of TV panels in 2011. Sales of TV panels accounted for nearly half of LG Display‘s revenue in the latest quarter.

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