Two major panel manufacturers disclosed their 2025 first half performance

All Categories

Recommended Products

Newsletter

About the latest offers and deals Subscribe today!

Home » news

Two major panel manufacturers disclosed their 2025 first half performance

Recently, two panel manufacturers, LG Display and AUO, disclosed their first-half performance.

■ Revenue of 60 billion, LG Display discloses first half results

Recently, LG Display announced its financial data for the second quarter and the first half of 2025. Revenue was 11.652 trillion won (about 60.59 billion yuan), a slight decrease of 3% year-on-year; net profit was -82.6 billion won (about -430 million yuan), a year-on-year decrease of 85%.

The company's second-quarter operating income was 5.587 trillion won (about 29.052 billion yuan), down about 1/6 year-on-year, partly due to LG Display's complete withdrawal from LCD TV panel manufacturing. It is worth noting that LG Display fell into operating losses again in the second quarter of this year (a loss of 116 billion won), but achieved a positive net profit of 890.8 billion won due to the sale of the Guangzhou LCD factory.

In terms of the contribution of panel types to revenue, IT panels accounted for the largest share of LG Display's revenue in the second quarter with 42%, followed by mobile and other device panels (28%), TV panels (20%) and automotive panels (10%).

From the perspective of technology, OLED contributed 56% to LG Display's second-quarter revenue, up 4 percentage points from the same period last year. This technology is also a key cornerstone for LG Diplay's future business development.

Kim Sung-Hyun, CFO of LG Display, said:

In the second half of the year, we expect earnings to rebound significantly as our performance in the OLED business expands. We will continue to drive cost innovation and operational efficiency to strengthen our stable earnings structure.

Improvements in the financial structure, such as early loan repayments and reductions in borrowings, are also progressing faster than originally planned, so we will be able to achieve meaningful results in both profitability and financial structure this year.

■ Revenue of 21.922 billion yuan, AUO continues to expand the application of Micro LED

AUO previously announced that its consolidated revenue in June this year was 21.922 billion yuan (about RMB 5.33581 billion), a monthly decrease of 9.3% and an annual decrease of 13.1%. Its consolidated revenue in the second quarter was 69.237 billion yuan, a quarterly decrease of 4% and an annual decrease of 6.8%. AUO's cumulative consolidated revenue in the first half of this year was 141.339 billion yuan (about RMB 34.402 billion), an annual increase of 5.6%.

This year, AUO has continued to expand the application of Micro LED, combining it with AI applications, targeting the fields of television, information technology (IT), and automotive, and has won orders from major manufacturers such as Samsung and Sony Mobility.

AUO said that the focus of display technology is not only on quantity, but also on more combined applications with AI. 2024 is the year when AUO Micro LED will move from technology development to marketization and mass production, from R&D line to completion of the 4.5-generation mass production line layout of Longtan Plant. In addition, AUO Micro LED has contacted customers for orders in TV, IT, and automotive. Among them, the order from Japanese company Sony Mobility is a key product produced by AUO's 4.5-generation line. It is planned that new cars that introduce AUO Micro LED products will be launched in the United States in the second half of 2026.

In addition, AUO's 114-inch spliced Micro LED TV has been delivered to Samsung. AUO is optimistic that transparent display is also a key application. Micro LED does not replace mainstream products, but uses its characteristics to open up new application markets, helping customers obtain higher pricing and simultaneously contributing to future profits, which will be higher than revenue.