LG Display Earns Record-Breaking 99.9 Billion Won from Patent Royalties Amid Rise in Chinese Display Makers' Revenue

LG Display has earned a record 99.9 billion won in revenue from patent royalties up to Q3, significantly higher than last year's total of 60.6 billion won. Most payments come from LCD patents, with all received from abroad, likely due to Chinese panel makers' increased revenue and agreements with LG Display. LCD panel makers BOE, CSOT, and HKC are driving the growth in royalties.