LG Display cuts cost burden as post-LCD restructuring shows results

LG Display returned to a first-half operating profit despite lower sales, as restructuring and a shift away from low-margin LCD panels reduced the share of revenue absorbed by production costs. The company posted 11.15 trillion won ($8.06 billion) in revenue for the first half of 2026, down 4.3 percent from a year earlier, according to its half-year regulatory filing last week. Cost of sales fell 7.5 percent to 9.62 trillion won. That brought the cost-of-sales ratio down to 86.3 percent from 89.