News Snapshot:
Summary Summary Companies Co expects losses to continue but lessen in H1 To cut costs, manage inventory until demand recovers in H2 2023 capex 3 trln won vs 5.2 trln won in 2022 SEOUL, Jan 27 (Reuters) - South Korean display panel maker LG Display (034220.KS) said it planned to cut costs in the first half of this year after posting a record quarterly loss, as global demand for smartphones, computers and televisions remains depressed. The Apple Inc (AAPL.O) supplier flagged a turnaround in the second half, pledging cost-cutting and inventory management until demand for its screens recovers later in...
