LGD has improved its operating efficiency substantially in the last two years by cutting costs and refining its product portfolio. The company managed to earn a small operating profit even with the typical seasonal downturn in Q1 2026 but fell to an operating loss in Q2 2026 as revenues slumped further with an unfavorable product mix. Restructuring charges and interest payments on the company’s heavy debt burden, much of which is in US dollars, pulled its net results down to another significant loss.

Insight

Automotive CID/DIC Display Demand Falls 2% YoY in Q1 2026; Shift to LTPS Accelerates

LTPS share climbed from 11% in Q1 2024 to 18.8% in Q1 2026, driven by growing display sizes and the resulting demand for higher resolutions and lower power consumption.