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LPL » Topics » LG.Philips LCD Issues Statement

This excerpt taken from the LPL 6-K filed Dec 11, 2006.

LG.Philips LCD Issues Statement

Seoul, Korea (December 11, 2006) - LG.Philips LCD [NYSE: LPL, KRX: 034220], today made the following statement:

“Last Friday, as part of an investigation of possible anticompetitive conduct in the LCD industry, officials from the Korean Fair Trade Commission (KFTC) visited the offices of LG.Philips LCD in Seoul, Korea. In addition, the Japanese Fair Trade Commission (JFTC) issued a notice to our offices in Tokyo, Japan and the United States Department of Justice (DOJ) issued a subpoena to our offices in San Jose, California.

LG.Philips LCD takes this matter very seriously and will cooperate fully with regulatory authorities. While these investigations continue, LG.Philips LCD is committed to running its business as usual, supplying its global customer base with the highest quality products.”

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