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TV repair costs between $60 and $350 with most spending $207 on average for LCD, LED, plasma, and 4K TVs; costs are higher if repairing older DLP, projection, and HD TVs. TV problems like display issues, powering-on problems, or sound issues can be fixed. Pickup and delivery fees may apply.

The cost to repair a TV will include the price of parts and labor costs, plus other associated costs. Additional charges include a trip fee for a technician to come to your home, a fee to transport your TV to and from a repair shop, and the diagnostic fee to determine what needs to be replaced.

The cost to repair a TV screen can be significantly more than the cost of purchasing a new TV. For this reason, replacing or repairing a broken TV screen is not considered feasible.

For example, the price of a new Samsung 40-inch LED TV is about $400, yet the cost of a replacement display panel for this model is about $380. This price is only for the replacement part and does not cover diagnostic costs, labor costs, or travel or shipping fees.

Unless you are trying to fix a TV from the ’80s or earlier, cracked TV screen repair is not feasible; the entire display panel must be replaced instead. The cost of a replacement TV display panel is more than the cost of buying a new TV, and that’s before labor and other service costs.

The cost of TV screen replacement is generally the same as or more than the cost of buying a new TV. Therefore, replacing a broken or malfunctioning TV screen is not considered a viable option. If the TV is under the manufacturer’s warranty, the manufacturer may replace the entire unit.

TV manufacturers do keep replacement TV screen panels on hand to support products under warranty in case the screen malfunctions, due to manufacturer defect.

If you still want to replace a damaged or malfunctioning TV screen, your best option is to find a used replacement panel or a broken TV of the same model on which the screen is still functional. You might find one on eBay, and you can hire a technician to change out the panel.

The cost of a used replacement TV panel ranges from $50 to $350 or more, excluding shipping, depending on the brand and size. Note that the chances of finding exactly the part you need in excellent condition are slim, and the cost excludes the cost of installation by a repair shop.

Whether your TV is LCD, LED, plasma screen, or 4K (Ultra HD), the cost to fix common problems ranges from $60 to $350, depending on the repair type and the brand of TV being repaired.

TV motherboard replacement costs between $200 and $350, including parts and labor, or about $275 on average. Motherboard replacement parts range from $35 to $199and labor costs from $60 to $125.

A TV inverter repair costs $104 to $171, including parts and labor, with an average cost of $138 for a TV with one inverter board or $178 for two. Parts range from $7 to $74, and the average labor cost for TV inverter repair is $97 per hour.

A flat-screen TV bulb replacement costs between $60 to $115, with most homeowners spending $84 for parts and labor. The price for replacement bulbs ranges from $18.50 to $80.

If an older model LCD TV or projection TV powers on and has sound but no picture, this may be due to lamp burnout, which is both common and expected. In this case, replacing the bulb will fix the problem. An experienced technician should be able to replace the bulb quickly and easily.

TV backlight repair costs $100 to $122, including replacement parts and labor, at a repair shop. In-house repair costs are more due to trip fees. The price of backlight replacement parts averages around $2.50for each LED and between $20 and $25 for each CCFL strip.

If the CCFL strips for your TV are no longer available, a technician can convert the backlight from CCFL to LED using the same number of backlighting strips. Each strip of LEDs costs between $12 and $30.

A new inverter may be needed to power the LEDs, costing between $7 and $74before labor, or an average of $40. In some cases, a repair shop can convert a CCFL backlight to LED without installing a new inverter.

Repairing a TV power supply board costs $23 to $234 for parts alone. Completely replacing the power supply board costs $250 for parts and labor. If one capacitor has failed, the cost for replacement capacitors is low. However, it’s more cost-effective for the technician to replace the entire board rather than spend time trying to diagnose and replace faulty capacitors one by one.

The cost to fix an HDMI port on a TV is $93 to $302. In some cases, the input circuit board that the HDMI port connects to may be damaged and need to be replaced. The cost for replacing this input circuit board, including labor, ranges from $200 to $350.

TV capacitor repair costs $60 to $129, including parts and labor. The cost for the replacement part ranges from $0.06 to $14, with the labor portion ranging from $60 to $125 per hour. TV capacitors protect the circuit from getting too much power, filter signals, and facilitate changing channels.

Flat screen replacement glass is not available. The only option for flat-screen TV glass repair is to try optical glass glue, which costs $1.70 for a 5-ml. tube. This may be an option for TV glass repair if the crack is only a few inches or less. TV panels are built as one unit at the factory, with the glass adhered to the display panel.

In-home CRT repair ranges from $199 to $249. The cost of repairing a CRT picture tube ranges from $199 for a TV that is 27 inches or smaller to $249 for a TV that is 28 inches or larger.

A TV fuse repair costs between $61 and $136, with most spending $99 on average. The cost of the replacement fuse itself is $1.50 to $11, while labor ranges from $60 to $125 per hour. Additional fees may apply.

LCD flat-panel repair is not considered cost-effective. If the glass is cracked or the display is physically damaged, it is cheaper to replace the entire TV than to repair or replace the display panel.

Estimating TV repairs costs by brand is not something TV repair shops offer, however, there are general prices by type. When looking for specific repair costs for your TV, you’ll find them in the common repairs price list above. Pricing applies to brands such as Samsung, LG, Sanyo, TCL, Insignia, HiSense, Sony, Toshiba, Pioneer, and Vizio.

More popular TVs are usually less expensive to repair because repair shops order replacement parts for them in bulk, which allows them to buy those parts at a lower cost.

The cost of flat-screen TV repair ranges from $42 to $359. You cannot fix a broken screen, but the price of a new flat-panel TV starts from around $249 for a 1080-mp (non-4K) LED TV from LG to as much as $14,999 for an 85-inch 8K LED TV from Samsung. A TV referred to as a “flat TV” or “flat-screen” TV might be any of the following:

LCD TV repair typically costs $60 to $85 for diagnostics testing, and $200 to $300 to perform repairs. LCD TVs use backlighting, which may fail. Newer LCD TVs use LED strips for backlighting. Older ones might use CCFL. If CCFL backlighting fails, a technician can replace it with LED backlighting.

An LED TV is just an LCD TV that uses LED backlighting, which all newer models do (older models use CCFL backlighting). The cost to replace one LED backlighting strip ranges from $100 to $122, including parts and labor.

The cost to replace the motherboard, inverter, or LED"s in a 4K TV ranges from $100 to $275 or more depending on the brand and model. The cost for screen repair for a 4K TV is irrelevant because it cannot be fixed or replaced at a cost that is lower than the cost of a new 4K TV.

Digital light processing (DLP) TVs are also known as projection TVs. DLP big screens have not been made since 2012, and DLP TV repair is usually not worth the cost except for a lamp burnout, in which the bulb can be replaced. The cost to replace bulbs ranges from $60 to $115.

TV repair shops charge an average $60 to $125 per hour, or a flat rate of $50 to $250, which includes the diagnostic fee. Additional costs after that depend on the repairs needed and the brand and type of TV. However, most stores will have a minimum charge of about $90.

Best Buy TV repair is provided through the Geek Squad TV & home theater service. Geek Squad TV repair starts at a base cost of $100 for a diagnostic fee. TV repair is covered under Best Buy’s protection plan, which costs $280 per year when you purchase a TV from Best Buy at the time of purchase, or within the return period printed on your receipt.

The brand and model of your TV will dictate the final repair cost, with more expensive brands and larger TVs costing more to repair. Consider the remaining lifespan of the TV before paying for repairs. You can now buy bigger TVs with more features and better displays for a TV that won’t need repairs for a while and probably comes with a warranty.

The cost of labor to fix a TV ranges from $60 to $125 per hour, or a flat rate of $90 to $299. If the work is performed in your home, the cost ranges from $25 to $125 per hour plus the trip fee. Most TV repairs take 1 to 3 hours if the repair specialist has the parts already.

Some shops will pick up and deliver a TV for free. Others charge a fee that ranges from $40 to $75 for pickup and drop-off, with an average cost of $58.

If you live in a remote area, you may need to ship your TV to a repair facility, costing $99 to $175. Be sure to choose a delivery service that allows you to track the shipment and confirm delivery. When sending your TV into a service center for repair, you will be contacted regarding the associated costs and asked to process payment before the repair is completed, which usually takes two weeks including the shipping time.

Many TV repair shops charge a diagnostic fee that ranges from $20 to $60, depending on whether it is done in your home or the repair shop. Some shops charge a flat fee that ranges from $50 to $250that covers both the diagnostic cost and labor cost. In many cases, the initial diagnostic fee will be applied to the repair cost if you have the shop do the repair.

The more expensive a TV is, the more sense it makes to purchase an additional warranty to defray the potential for costly repairs. Best Buy offers an $89 five-year extended warranty for entry-level TVs. On larger TVs such as the 85-inch Samsung QLED 8K TV, which costs $14,998, the five-year warranty from Geek Squad costs an additional $1,699—11.33% of the cost of the TV.

Satellite dish repair is either covered by your satellite service company or the cost for a technician to fix it ranges from $80 to $150. Repairs may also be billed at an hourly rate of $50 to $65.

The cost of mounting a TV ranges from $149 to $199, with most people paying around $174 for the labor. The mounting hardware costs between $20 and $500 depending on the brand of mounting hardware and the size of your TV.

You can also consider the cost of TV repair when purchasing a new TV. More popular TV models are less expensive to repair because repair shops buy parts for the most common TVs in bulk and are therefore able to get them at lower prices.

Circuit breaker - Check the circuit breaker for the power outlet that the TV plugs into. You can check the breakers by opening the door to your breaker panel and looking for circuit breakers that are in the OFF position.

Power cable - Check the power cable. If it is a removable cable, you can test it by substituting a power cable from another piece of equipment in your home, or you can buy a replacement cable for this test. The cost for a replacement TV power cable ranges from $2.50 to $10.

Lamp burnout -In a projection TV or older LCD TV, no picture may be caused by lamp burnout. In this case, a technician can replace the bulb quickly and easily.

The right parts - It can be complicated to determine which component of a TV is failing and causing the TV not to work correctly. If you buy a replacement part and perform the repair yourself, the TV may still not work, either because you replaced the wrong part, the part was old and not working properly to begin with, or you did not perform the work correctly. Buying multiple replacement parts can become costly.

The cost of repairing a TV could be as much as $500 if multiple repairs are needed. Consumer Reports recommends not to spend more than 50% of the cost of a new TV repairing the old one.

If you have a newer TV that cost thousands of dollars, having it repaired would most likely be cost-effective. If the TV only cost a few hundred dollars to begin with, replacing the TV is more likely to be the best option.

Not included in these prices from Best Buy are 1080P screens, which range from $249 to $279 for 43-inch TVs from brands like Samsung, Sony, and LG. On the upper end, Sony and Samsung both have 95-inch 8K LED TVs for $69,999.

In most cases, a flat-screen TV can be fixed. The exception is a physically damaged display panel or screen. Most other issues including failing speakers, backlights, or power supply. Burned out fuses and damaged input ports can also be repaired.

You cannot replace a broken flat-screen display. New TVs costs anywhere from $249 for a 1080P (non 4K) LED TV from LG to as much as $14,999 for an 85” 8K LED TV from Samsung.

Some shops will pick up and deliver a TV for free. Others charge a fee that ranges from $40 to $75 for pickup and drop-off, with an average cost of $58.

If you live in a remote area, you may need to ship your TV to a repair facility, costing $99 to $175. Be sure to choose a delivery service that allows you to track the shipment and confirm delivery.

The term ‘flat screen’ applies to a wide range of TV types, from LCDs to the latest 4K and Smart models. A flat screen means the TV’s screen surface is flat rather than convex like older models. There can be several different types of flat-screen TVs, from older LCD to the newest Smart and 4K TVs. The type impacts the repair costs because more advanced and expensive TVs have more costly components to replace or fix. In addition, some TV repairs may not always be possible on that type. For example, it is not possible to replace the screen on a plasma TV if it cracks and begins to leak. The table below shows common television types and average repair costs for each:

Repairs for LCD TVs cost between $60 and $400. LCD televisions are one of the most popular options on the market, available in a wide range of sizes and styles. They use an LCD (liquid crystal display) with backlights to produce images. The backlights, screen, and other components may get damaged over time and need repairing.

LED TV repairs range from $60 to $400, depending on the scale of the problem. LED televisions are a specific type of LCD TV that use LED backlights to illuminate the liquid crystal display. These TVs usually produce more colorful and vibrant images and are more energy-efficient, but the LED backlights may need to be repaired or replaced over time.

4K TV repairs range from $100 to $275. A 4K television provides some of the clearest and most detailed images because of the very high resolution of its screen, providing more engaging viewing experiences. There are different types of 4K TVs, including some that use LED and others that use OLED. Basically, a television is considered 4K if it has ultra high definition. These models can be expensive to purchase and repair, but in many cases, repairs may not be possible on these units. So, their overall repair costs may be lower simply because some repairs may not be offered.

OLED TV repairs cost between $100 and $400 on average. They are the next step up from a standard LED TV, with OLED standing for organic light-emitting diodes. OLED televisions can achieve deeper blacks and higher contrast compared to standard LED screens. However, they can be very expensive to purchase and repair.

Smart TV repairs cost between $100 and $400. These TVs have Smart technology and connect with your home’s WiFi network to download updates and access apps and the internet. They are more advanced than other TVs but still have various components that can break and require repairs. Many Smart TVs can have basic components. So even though they may be more expensive to purchase, they are not necessarily the most expensive to repair. That comes down to how the television is made and what makes it Smart.

TVs are made up of various parts and components, all working together to produce lights, colors, pictures, and sounds for your entertainment. Over time, accidents may happen that damage these parts, or they might just wear down over the years through repeated use. The table below shows common TV repairs and the costs for each.

HDMI port repairs for a TV costs between $60 and $250. Sometimes, HDMI ports fall out of position and may simply need to be repositioned. In other cases, one might stop working due to a more serious fault and require technical repair work.

TV speaker repairs range from $75 to $250, depending on the type and damage done to the speaker. Faulty speakers may simply need rewiring or minor adjustments, or they could need to be cleaned or replaced, so the exact costs and amount of work vary.

TV inverter repairs cost between $100 and $200 each. The inverter powers up the backlights for your television, and they can stop working if their capacitors break down. Repairs are made by fitting new capacitors in place.

TV screen repairs cost between $200 and $400, but in many cases, repairing the screen is not possible. Since the screen is usually the most expensive part of the television and one of the most sensitive to impacts and other damage, an expert may advise you to simply buy a new television instead of having it repaired. It is worth getting a diagnosis if the screen issue is not too severe because issues like flashing pixels or distorted colors may be fixable.

TV panel repairs average $200 to $400 in some cases, but some panels cannot be repaired. For this reason, many companies do not offer panel repair. So if your television gets a crack in the panel, you may be better off buying a new unit instead.

Power board repairs cost between $200 and $400. The power supply board allows it to turn on and function, and if it breaks down in any way, it may simply stop turning on. Often, a repairman can replace some of the capacitors and make other adjustments to repair a faulty board, rather than having to replace it entirely.

In some cases, your TV components may not be able to be repaired, or it might be more cost-effective to replace them with new ones. The repair price includes the cost of new parts, plus the labor required to fit them into place and remove the broken components. While some components can be replaced, they may be extremely expensive or cost-prohibitive to do so. This is mainly in the case of panels and screens because they often contain too many parts to replace on their own. The table below shows average costs for a variety of common replacements:

Fuse replacement in a TV costs between $60 and $150 and is one of the easier replacement jobs for a repairman. Glass and ceramic fuses on your TV’s power supply board may blow in certain situations and need replacing. To replace a fuse, the repairman opens the TV to access the power panel and swaps out the fuse.

TV bulb replacement costs average $75 to $200. Bulbs are usually found only in older models of LCD TVs or projection TVs. They are used to illuminate the display so that the picture can be seen. Bulbs are relatively easy to replace, but the material costs are a little higher with bulbs when compared to other components, leading to varied replacement prices from model to model.

TV backlight replacements cost between $100 and $200 on average, depending on the television size and scale and the type and number of lights required. If you have LED lights, parts may be more expensive, leading to higher total costs. Usually when backlight problems occur, the bulbs or diodes are dead and need to be replaced.

Picture tube replacements range from $200 to $300 on average. Picture tubes, also known as cathode ray tubes or CRTs, are only used in older TVs. So, this is not a replacement job you need to worry about with an LED or LCD TV.

HDMI port replacement on a TV costs between $200 and $300. Damaged or broken ports may simply stop working or be incompatible with certain HDMI cables. In this case, a new port must be fitted and connected to the circuit board, requiring a couple of hours of labor.

TV screen replacement costs at least $400 to $1,000 and often much more. The screen is the most expensive part of a TV. So usually, the cost of replacing it is higher than just buying a new unit. In some cases, this is because the screen cannot be replaced without also replacing most of the other components, particularly for TVs like LED, LCD, or plasma. Most professional repair companies do not offer screen or panel replacement as a service.

TV panel replacement costs a minimum of $400 to $5,000 and often a lot more on some of the high-end 4K and Smart screen displays. Because the cost of a replacement panel is so high, it is usually more cost-effective to simply purchase a new television. Like the screen, this is due to the number of components involved. Therefore, most repair places will not offer panel replacement as a service.

You might not know exactly which part of your TV is broken or damaged at first. The symptoms of a broken television vary from vertical colored lines across the screen to audio issues, power problems, and even situations where the television starts normally but then turns itself off. For this reason, most repairs start with a diagnostic so that the problem can be found and a plan made for repair. For some repairs to be made, the part will need to be replaced, while in other cases, repair or replacement of that part may not be possible. The table below shows common problems and average repair costs for each.

Repairing a TV that will not turn on costs between $60 and $400 because there are many potential causes. It might be something as simple as a blown fuse, which can be replaced quite cheaply. Or, it could be a motherboard or power supply issue, which is more costly to fix.

Repairs for this problem cost between $100 and $200. If your TV’s picture appears for a moment and then vanishes, it is most likely an issue with the inverter. A repairman will open it up, diagnose the issue, and decide on the most efficient solution.

Repairing horizontal lines on your TV costs between $150 and $400. It might be an issue with the motherboard, or it could be a problem with loose cables between the panel and the control board. To fix this issue, the television needs to be opened up and analyzed by a professional repairman.

Repairing a cracked TV screen costs from $400 to $1,000 or even more. Cracked screens cannot be repaired, they can only be replaced, and they are very expensive, sometimes exceeding the cost of a new TV. For this reason, if you have a cracked screen, it will probably have to be replaced entirely.

There are many different brands and companies that make TVs. Some brands specialize in certain types, while others make a wider range of products. It is common for the brand to impact the cost of repair because there may be specific issues or costs related to that brand.

While you may choose a specific brand based on the technology, cost, or resolution, keep in mind that brands may also have varying costs for repairs and the repairs types that may be available. Regardless of brand, most TV repairs fall between $60 and $400, although some repairs may be higher.

The cost to fix a Philips TV is $60 to $100. The typical issue with Philips televisions seems to be that they have a mind of their own. They turn on and off and sign in and out of apps randomly. While a solution doesn’t seem to be forthcoming, Philips is steadily losing customers due to a firmware problem.

Fixing a Sony TV will cost you about $60 to $400. This popular brand has a reputation for simply becoming disabled with no power or sound. Unfortunately, the customer service at Sony isn’t always the best. Customers are often frustrated when it comes to warranty work.

Some of the most common issues with this brand are banding at a repair cost of $100 to $200 or sound with a cost of $150 to $400. Color problems may be related to adjustment and can be fixed for a low cost of $75 to $100, HDMI connections are often fixed at the cost of $200 to $300, and streaming problems may be corrected with a software update. Software updates can be done by the owner, but a repairman will most likely charge a minimum fee of $75 to $100. Banding presents as sections of bands where it should be smooth. Sound and color can go out over time in the LG brand. HDMI and streaming can become difficult as technology emerges and changes.

Hisense TVs have a history of display difficulties and could cost you about $100 to $200. Typically, it means you need a new inverter, or it could signal the beginning of the end for your Hisense television.

Panasonic TV owners often experience the power clicking on and off and may need a new main board at the cost of $200 to $400. The reset button may help. The repairman will need to replace the motherboard of the TV if that fails.

The Vizio TV is known for its screen of death (a blank or black screen) and usually costs about $200 to $400. The problem is most often a blown motherboard, and replacement is the only option. A factory reset may be a solution. If that doesn"t work, the motherboard is the best possible answer.

Labor costs for TV repair vary depending on whether you have the television repaired in your home or drop it off at a repair center. Having someone come to your home will have higher costs than taking it to a technician.

A television repair technician has earned a career certificate or Associate’s degree in electronics technology or a related field. Expect to pay between $40 and $60 per hour in labor for someone to fix your television. Some technicians have minimum costs for some repairs, particularly if they travel to you. In this case, you may find that even if the repair only takes an hour, you may need to pay a minimum of two hours of work.

Most technicians charge you a diagnostic fee upfront. This fee is for determining what the problem is and can run between $75 and $150. The cost is often waived if you allow the shop’s technicians to make the repairs for you.

Often, you must decide whether it is worth repairing your TV because in many situations, the cost of repairs is higher than the price of a new TV. For example, when screens are cracked or damaged, the cost of replacing a panel is usually much higher than simply buying a new TV.

Consumer Reports recommends replacing electronics whenever the cost of repairs equals or exceeds half the cost of a new purchase. It is also recommended that you replace your television if the new version is less than $200, or if your screen is smaller than 32”. For example, it costs around $150 for a new motherboard in an LG Model 24LF452B 24” TV, which takes around one hour to repair. As a result, you would pay between $190 and $210 to repair your old set, while it is possible to purchase a new one for less.

If you invested a lot of money in your television, the costs of repairing an inverter or getting new backlights may be far cheaper than replacing it. This is why it is often best to ask a professional to diagnose the problem and give you a quote for the repair work. Then, you can compare the price of repairs against the cost of a new TV and decide what makes sense. If your TV breaks down repeatedly, you have multiple repair bills over the course of a year. It might be time for a new television even if a single repair does not seem too expensive.

Additional Considerations and CostsDIY. In some cases, television repair can be performed as a DIY project. There are numerous how-to videos available that are easy to watch and understand. Parts for most sets are also available online. However, if you are not comfortable with the process, always call a technician rather than attempting the repair yourself.

Warranty. When purchasing a new television, buying an extended warranty can spare you the unwanted expense of repair bills in some cases. An extended warranty is largely based on the price of your television. Expect to spend between 10 and 20 percent of your set’s cost on an extended warranty to help cover damage. Ordinary warranties only cover manufacturer’s defects and, therefore, cannot be used to pay for damage due to neglect or accidents.

In-shop repairs. In-shop TV repair services may involve a pick-up and delivery charge if you do not take it in yourself. While some may do this for free, others charge between $40 and $75 to pick-up and deliver the TV back to you. Additionally, customers that live in rural areas may have to ship the television. If you do this, make sure you obtain a tracking number and proof of delivery. The repair service will contact you with the list of recommended repairs and the cost and request a debit or credit card to pay for the repairs before completing them.

Television repair costs vary widely, but the average consumer pays between $100 and $300. Prices depend on the make, model, and size of your set, as well as the availability of parts. It is generally more expensive to repair an older model than it would be to replace it. New televisions are becoming more affordable every year, but the price of parts remains steady or even increases as older parts become rarer.Can a flat-screen TV be fixed?

Not all TV screens can be fixed or replaced. Certain types have components behind the screen that can be damaged by its removal. However, if you choose to proceed, remove all external cables, unplug your set, and lay it face down on a flat, soft surface. Remove any screws holding the frame in place and then gently remove the frame and set it aside. Put your new screen in place and reconnect the internal cables in the same manner you disconnected them. It is usually best to get a professional to handle TV repairs, and the cost of replacement screens is often very high. So, it may be more cost-effective to get a new TV.How many years will a flat-screen TV last?

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LG Display Co Ltd is a Korea-based company principally engaged in the manufacture and sale of display panels. The Company produces and sells display panels for televisions (TVs), smart phones, monitors, notebooks and tablets. The Company holds liquid crystal display (LCD) and organic light emitting diodes (OLED) technology patents. In addition, the Company manufactures raw materials.

SEOUL, Jan 26 (Reuters) - South Korea"s LG Display Co Ltd (034220.KS) on Wednesday reported a 30% drop in quarterly operating profit as a one-off cost related to profit-sharing plan and lower TV panel prices offset solid shipments of smaller screens for computers, laptops and smartphones.

It missed an average analyst forecast of 588 billion won compiled by Refinitiv SmartEstimate. LG Display said that excepting a year-end one-off cost involving sharing profits with executives and employees, its result was in line with market expectations.

During the quarter, prices of 55-inch liquid crystal display (LCD) panels for TV sets fell 37% from the previous quarter, market data from TrendForce"s WitsView showed.

Solid shipments of high-end LCD panels for notebooks and monitors, whose prices declined by less than LCD TV panel prices in 2021, as well as higher-margin OLED panels for smartphones and TVs, should support LG"s results this year, analysts said.

LG Display said its shipments of advanced organic light-emitting diode (OLED) panels jumped more than 70% in 2021 and the display maker reached break-even in its OLED business.

South Korean flat-screen maker LG Display Co Ltd posted its second consecutive quarterly loss and cut its investment budget, as soaring inflation and a gloomy economic outlook dealt a further blow to demand for TVs and smartphones. The Apple Inc supplier posted an operating loss of 759 billion won ($532.31 million) for the September quarter, compared to a profit of 529 billion won a year earlier. Revenue fell 6% to 6.8 trillion won, LG Display said in a regulatory filing.

LG Display Co, Ltd (NYSE: LPL) reported a third-quarter FY22 revenue decline of 6% year-on-year to KRW 6.77 trillion. Operating loss was KRW (759) billion. The EBITDA decreased 76.9% Y/Y to KRW 391 billion. The unprecedented decline in set and panel demand, coupled with all-time-low LCD panel prices during the year"s second half, mainly affected the company"s well-noted mid-sized and premium TV panel businesses. Tech gadget makers made significant cuts to inventory, and consumer sentiment in Eur

LG Display Co., Ltd. is a Korea-based company engaged in the development, manufacture and sale of display and related accessories. The Company mainly provides thin-film transistor liquid crystal display (TFT-LCD) panels, which are used in televisions (TVs), laptops, desktop monitors and other applications such as mobile phones, industrial devices, online stock trades, automobile navigation systems, aircraft instrumentation, medical devices and others. It also involves in the production of organic light-emitting diode (OLEDs) and monitors. Its products are under the brand name of LG Display. The Company distributes its products within domestic market and to overseas markets, including America, Germany, Japan, Taiwan, China and Singapore