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HomeBig DataLG Show Q3 revenue buoyed by greater TV panel costs

LG Show Q3 revenue buoyed by greater TV panel costs

By Heekyong Yang and Joyce Lee
SEOUL (Reuters) -South Korea’s LG Show Co Ltd on Wednesday noticed its third-quarter working revenue greater than triple as robust tv demand boosted panel costs however mentioned it expects the shopping for spree prompted by the pandemic to sluggish subsequent yr.
The Apple Inc provider posted an working revenue of 529 billion gained ($449.36 million) for the July-September quarter versus 164 billion a yr earlier.
It missed a mean analyst forecast of 600 billion gained compiled by Refinitiv SmartEstimate.
Income rose 7.2% to 7.2 trillion gained.
“Panel shipments within the fourth quarter are anticipated to extend by mid-10% in comparison with the third quarter, with the delayed shipments affected by the business’s part scarcity …whereas …

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