LPL » Topics » By Geography

This excerpt taken from the LPL 6-K filed Nov 12, 2008.

By Geography

 

      Three Months Ended
September 30,
   Nine Months Ended
September 30,
(in millions of Korean Won)    2007    2008    2007    2008

Revenue from external customers:

           

Republic of Korea

   (Won) 262,097    242,943    708,588    824,828

China

     2,105,957    2,078,718    5,208,683    6,597,193

Asia other than Korea and China

     337,166    301,240    1,040,866    1,197,601

America

     431,988    579,591    1,062,945    1,557,860

Europe

     739,854    625,663    1,793,305    1,806,253

Others

     76,003    32,875    215,715    124,252
                     

Total

   (Won) 3,953,065    3,861,030    10,030,102    12,107,987
                     

During the nine-month periods ended September 30, 2007 and 2008, the Company’s revenue from its three largest customers, LG Electronics, Philips Electronics and Hewlett-Packard accounted for 42.0% and 42.9% of total revenue, respectively. Sales to LG Electronics constituted 19.3% and 20.8% of total revenue, for the nine-month periods ended September 30, 2007 and 2008, respectively. Sales to Philips Electronics constituted 13.5% and 11.9% of total revenue for the nine-month periods ended September 30, 2007 and 2008, respectively. Sales to Hewlett-Packard constituted 9.2% and 10.2% of total revenue for the nine-month periods ended September 30, 2007 and 2008, respectively.

The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.


Table of Contents

LG DISPLAY CO., LTD. (Formerly, LG.Philips LCD Co., Ltd.) AND SUBSIDIARIES

Notes to Interim Consolidated Financial Statements

(Unaudited)

September 30, 2007 and 2008

 

The following is a summary of revenue by product for the three-month and nine-month periods ended September 30, 2007 and 2008:

This excerpt taken from the LPL 6-K filed Aug 14, 2008.

By Geography

 

     Three Months
Ended June 30,
   Six Months
Ended June 30,
(in millions of Korean Won)    2007    2008    2007    2008

Revenue from external customers:

           

Republic of Korea

   (Won) 227,883    300,908    446,491    581,885

China

     1,698,393    2,237,350    3,102,725    4,518,475

Asia

     416,005    528,186    703,700    896,361

America

     392,069    606,149    630,958    978,269

Europe

     577,198    483,780    1,053,451    1,180,589

Others

     43,033    54,973    139,712    91,378
                     

Total

   (Won) 3,354,581    4,211,346    6,077,037    8,246,957
                     

During the six-month periods ended June 30, 2007 and 2008, the Company’s revenue from its three largest customers, LG Electronics, Philips Electronics and Hewlett-Packard accounted for 42.6% and 43.0% of total revenue, respectively. Sales to LG Electronics constituted 19.9% and 20.6% of total revenue, for the six-month periods ended June 30, 2007 and 2008, respectively. Sales to Philips Electronics constituted 13.6% and 11.3% of total revenue for the six-month periods ended June 30, 2007 and 2008, respectively. Sales to Hewlett-Packard constituted 9.1% and 11.1% of total revenue for the six-month periods ended June 30, 2007 and 2008, respectively.

Approximately 93% of the Company’s total assets are located in the Republic of Korea.

The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.


Table of Contents

LG DISPLAY CO., LTD. (Formerly, LG.Philips LCD Co., Ltd.) AND SUBSIDIARIES

Notes to Interim Consolidated Financial Statements

(Unaudited)

June 30, 2007 and 2008

 

The following is a summary of revenue by product for the three-month and six-month periods ended June 30, 2007 and 2008:

This excerpt taken from the LPL 20-F filed Apr 16, 2008.

By Geography

 

(in millions of Korean won)    2005    2006    2007

Revenue from external customers:

        

Republic of Korea

   (Won) 990,900    (Won) 805,164    (Won) 985,287

Asia

     6,688,993      6,534,476      8,970,108

America

     1,062,374      1,033,726      1,489,685

Europe

     1,329,989      1,753,717      2,604,256

Others

     3,324      497,117      302,630
                    

Total

   (Won) 10,075,580    (Won) 10,624,200    (Won) 14,351,966
                    

Property, Plant, and Equipment:

        

Republic of Korea

   (Won) 9,017,587    (Won) 8,898,774    (Won) 6,871,847

Asia

     216,157      363,106      397,704

Europe

     298      219,205      318,952

Others

     62      4,063      3,151
                    

Total

   (Won) 9,234,104    (Won) 9,485,148      7,591,654
                    

 

F-32


LG Display Co., Ltd. (formerly, LG.Philips LCD Co., Ltd.)

Notes to Consolidated Financial Statements—(Continued)

December 31, 2005, 2006 and 2007

 

During the years ended December 31, 2005, 2006 and 2007, the Company’s revenue from its three largest customers accounted for 40.1%, 42.0% and 41.8% of total revenue respectively. Sales to A Company constituted 9.8%, 15.9% and 19.2% of total revenue, for the years ended December 31, 2005, 2006 and 2007, respectively. Sales to B Company constituted 14.5%, 13.8% and 13.3% of total revenue, for the years ended December 31, 2005, 2006 and 2007, respectively. The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.

The following is a summary of revenue by product for the years ended December 31, 2005, 2006 and 2007.

This excerpt taken from the LPL 6-K filed Mar 31, 2006.

By Geography

 

(in millions of Korean won)

   2003    2004    2005

Revenue from external customers:

        

Republic of Korea

   (Won) 977,916    (Won) 890,194    (Won) 990,900

Asia

     3,769,626      5,672,782      6,688,993

America

     576,846      752,971      1,062,374

Europe

     751,889      1,008,645      1,329,989

Others

     22,077      202      3,324
                    

Total

   (Won) 6,098,354    (Won) 8,324,794    (Won) 10,075,580
                    

Property, Plant, and Equipment:

        

Republic of Korea

      (Won) 6,402,446    (Won) 9,017,587

Asia

        160,761      216,157

Others

        770      360
                

Total

      (Won) 6,563,977    (Won) 9,234,104
                

 

F-33


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Consolidated Financial Statements

December 31, 2003, 2004 and 2005

 

During the years ended December 31, 2003, 2004 and 2005, the Company’s revenue from its three largest customers accounted for 41.1%, 42.9% and 40.1% of total revenue respectively. Sales to A Company constituted 13.4%, 12.5% and 9.8% of total revenue, for the years ended December 31, 2003, 2004 and 2005, respectively. Sales to B Company constituted 18.1%, 16.8% and 14.5% of total revenue, for the years ended December 31, 2003, 2004 and 2005, respectively. The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.

The following is a summary of revenue by product for the years ended December 31, 2003, 2004 and 2005.

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

By Geography

 

(in millions of Korean won)


   2002

   2003

   2004

Revenue from external customers:

                    

Republic of Korea

   (Won) 657,302    (Won) 977,916    (Won) 890,194

Asia

     2,248,357      3,769,626      5,672,782

America

     425,299      576,846      752,971

Europe

     204,862      751,889      1,008,645

Others

     30,914      22,077      202
    

  

  

Total

   (Won) 3,566,734    (Won) 6,098,354    (Won) 8,324,794
    

  

  

Property, Plant, and Equipment:

                    

Republic of Korea

          (Won) 3,901,337    (Won) 6,402,446

Asia

            72,710      160,761

Others

            268      770
           

  

Total

          (Won) 3,974,315    (Won) 6,563,977
           

  

 

During the years ended December 31, 2002, 2003 and 2004, the Company’s revenue from its three largest customers accounted for 34.8%, 41.1% and 42.9% of total revenue respectively. Sales to A Company constituted 12.4%, 13.4% and 12.5% of total revenue, for the years ended December 31, 2002, 2003 and 2004, respectively. And sales to B Company constituted 12.1%, 18.1% and 16.8% of total revenue, for the years ended December 31, 2002, 2003, and 2004, respectively. The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.

 

The following is a summary of revenue by product for the years ended December 31, 2002, 2003 and 2004.

 

These excerpts taken from the LPL 6-K filed Apr 1, 2005.

By Geography

 

(in millions of Korean won)

 

   2002

   2003

   2004

Revenue from external customers:

                    

Republic of Korea

   (Won) 657,302    (Won) 977,916    (Won) 890,194

Asia

     2,248,357      3,769,626      5,672,782

America

     425,299      576,846      752,971

Europe

     204,862      751,889      1,008,645

Others

     30,914      22,077      202
    

  

  

Total

   (Won) 3,566,734    (Won) 6,098,354    (Won) 8,324,794
    

  

  

Property, Plant, and Equipment:

                    

Republic of Korea

          (Won) 3,901,337    (Won) 6,402,446

Asia

            72,710      160,761

Others

            268      770
           

  

Total

          (Won) 3,974,315    (Won) 6,563,977
           

  

 

F-30


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Consolidated Financial Statements

December 31, 2002, 2003 and 2004

 

During the years ended December 31, 2002, 2003 and 2004, the Company’s revenue from its three largest customers accounted for 34.8%, 41.1% and 42.9% of total revenue respectively. Sales to A Company constituted 12.4%, 13.4% and 12.5% of total revenue, for the years ended December 31, 2002, 2003 and 2004, respectively. And sales to B Company constituted 12.1%, 18.1% and 16.8% of total revenue, for the years ended December 31, 2002, 2003, and 2004, respectively. The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.

 

The following is a summary of revenue by product for the years ended December 31, 2002, 2003 and 2004.

 

By Geography

 

(in millions of Korean won)

 

   2002

   2003

   2004

Revenue from external customers:

                    

Republic of Korea

   (Won) 657,302    (Won) 977,916    (Won) 890,194

Asia

     2,248,357      3,769,626      5,672,782

America

     425,299      576,846      752,971

Europe

     204,862      751,889      1,008,645

Others

     30,914      22,077      202
    

  

  

Total

   (Won) 3,566,734    (Won) 6,098,354    (Won) 8,324,794
    

  

  

Property, Plant, and Equipment:

                    

Republic of Korea

          (Won) 3,901,337    (Won) 6,402,446

Asia

            72,710      160,761

Others

            268      770
           

  

Total

          (Won) 3,974,315    (Won) 6,563,977
           

  

 

F-30


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Consolidated Financial Statements

December 31, 2002, 2003 and 2004

 

During the years ended December 31, 2002, 2003 and 2004, the Company’s revenue from its three largest customers accounted for 34.8%, 41.1% and 42.9% of total revenue respectively. Sales to A Company constituted 12.4%, 13.4% and 12.5% of total revenue, for the years ended December 31, 2002, 2003 and 2004, respectively. And sales to B Company constituted 12.1%, 18.1% and 16.8% of total revenue, for the years ended December 31, 2002, 2003, and 2004, respectively. The Company purchases a number of components from various sources. In some cases, alternative sources of supply are not available. In other cases, the Company may establish a working relationship with a single source, even when multiple suppliers are available, if the Company believes it is advantageous to do so due to performance, quality, support, delivery, capacity or price considerations. If the supply of a critical material or component were delayed or curtailed, the Company’s ability to ship the related product in desired quantities and in a timely manner could be adversely affected. Even where alternative sources of supply are available, qualification of the alternative suppliers and establishment of reliable supplies could result in delays and a possible loss of sales, which could adversely affect operating results.

 

The following is a summary of revenue by product for the years ended December 31, 2002, 2003 and 2004.

 

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