LG Display Down 9%, Shares Fall 14%

LG Display reported Q1 revenue of 5.5 trillion won, down 23% QoQ and 9% YoY.
Operating profit fell 13% QoQ to 147 billion won but surged 338% YoY, yielding a 3% margin.
OLED displays now represent 60% of revenue, a 5‑point increase from Q1 2025, indicating mix improvement.
Company announced 1.1 trillion won OLED capex through June 2028; shares dropped 14.4% after results.