www.nasdaq.com/articles/...and-rising-panel-prices-2021-01-26
The Apple supplier posted an operating profit of 685 billion won ($622 million) in the fourth quarter of 2020, compared with a loss of 422 billion won in the same period a year earlier.
That was up from a 164 billion won profit in the third-quarter and beat expectations for a 286 billion won profit, according to a Refinitiv SmartEstimate derived from 12 analyst estimates.
Analysts said the profit rise was driven by increased shipments for organic light-emitting diode (OLED) panels for Apple Inc's AAPL.O new iPhone 12 and higher prices for liquid-crystal display (LCD) panel
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