LG Display says 2017 capex could be higher than planned
SEOUL (Reuters) - South Korea's LG Display Co Ltd <034220.KS> said on Wednesday that capital expenditure for this year could be higher than previously planned, due to rising demand for new technology development. LG had not decided on a concrete number yet, CFO Don Kim told a conference call. LG Display posted a record quarterly profit of 1.03 trillion won (£713 million) in the January-March period on demand for large television panels. (Reporting by Joyce Lee; Editing by Stephen Coates)