Apple supplier LG Display slashes investment plans as losses mount

Apple supplier LG Display slashes investment plans as losses mount

6 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-lg-display-results/apple-supplier-lg-display-slashes-investment-plans-as-losses-mount-idUSKBN1KE343

South Korea's LG Display Co Ltd , a key Apple supplier, slashed its investment plans by $2.7 billion to 2020 citing concern for the global smartphone market, as it posted a second consecutive quarterly loss.