This excerpt taken from the LPL 6-K filed May 15, 2009.
(v) NEW OPTICS Ltd.
NEW OPTICS Ltd. was incorporated on August 1, 2005 to manufacture back-light parts for TFT-LCD. In July 2008, the Controlling Company acquired 6,850,000 common shares of NEW OPTICS Ltd. (36.68%) at (Won)9,700 million. The Controlling Companys share interest in the investee exceeds 30%, however, the Controlling Company is not the shareholder with the majority ownership and, accordingly, investment in this investee has been accounted for using the equity method. As of March 31, 2009 and December 31, 2008, 36.68% of NEW OPTICS Ltd. is owned by the Controlling Company.