LG.Philips Reports Q1 Numbers That Beat The Street

Posted: Apr 10 2007, 9:30am CDT | by , Updated: Aug 11 2010, 1:28am CDT, in News | Technology News

LG.Philips Reports Q1 Numbers that beat the Street
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The Korean based LG.Philips (World's number 2) display manufacturer posts better numbers than expected.

The company still reported a loss, but it is smaller than expected. In Q2 the company expects to break-even. Q3 is supposed to be a turning point for the LCD panel market where prices are supposed to rise as a shortage of TV and notebook panels is expected.LG.Philips plans to cut more costs to continue to outrun falling display prices.
More financial details are available in this LG.Philips Press-release and on Reuters.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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