LG Display tumbles nearly 5 percent after Apple's weak guidance

SEOUL Mon Jan 27, 2014 7:37pm EST

A customer looks at LG Electronics' TV sets which are made with LG Display flat screens at its store in Seoul January 23, 2014. REUTERS/Kim Hong-Ji

A customer looks at LG Electronics' TV sets which are made with LG Display flat screens at its store in Seoul January 23, 2014.

Credit: Reuters/Kim Hong-Ji

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SEOUL (Reuters) - Shares in South Korean flat-screen maker LG Display Co Ltd (034220.KS) tumbled nearly 5 percent early on Tuesday after major customer Apple Inc (AAPL.O) gave a weaker-than-expected forecast for this quarter.

LG Display, which supplies screens for iPhones and iPads, was trading 4.6 percent lower as of 0730 ET, versus a 0.2 percent decline in the broader market .KS11.

(Reporting by Miyoung Kim; Editing by Edwina Gibbs)

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