LG Display Co . , the world ' s No . 2 supplier of liquid crystal display ( LCD ) panels , is likely to report a loss for the fourth quarter , industry sources said Tuesday , as a fine of 215 million euros ( US $ 285 million ) by the European Union ( EU ) takes a toll on its bottom line . According to the sources , the penalty will be reflected in the company ' s earnings for the October - December period , which are slated to be released on Friday . In December , the European Commission ordered LG Display and five other companies to pay a total of 648 . 9 million euros in fines for fixing LCD panel prices between 2001 and 2006 . Samsung Electronics , the sector leader , was part of the price - fixing cartel but was exempted from the penalty for informing the EU . LG Display is estimated to have reported a 285 . 9 billion won net loss for the fourth quarter , according to a median estimate of analysts polled by Yonhap News Agency . The median consensus of operating loss stands at 308 . 1 billion won . The forecast marks LG Display ' s first loss in seven quarters . The fine has to be paid within three months of the decision , regardless of the appeal process . After a review , LG Display may lodge an appeal before its February deadline , it said . ( Yonhap News )