This excerpt taken from the LPL 6-K filed Nov 6, 2009.
B. Sales route and sales method
(1) Sales organization
As of September 30, 2009, each of our IT Business Unit, Television Business Unit, Mobile Business Unit and OLED Business Unit had individual sales
and customer support functions.
Sales subsidiaries in the United States, Germany, Japan, Taiwan, Singapore and China (Shanghai and Shenzhen) perform sales activities in overseas
countries and provide local technical support to customers.
(2) Sales route
One of the following:
LG Display HQ g Overseas subsidiaries (USA/Germany/Japan/Taiwan/Singapore/Shenzhen/Shanghai), etc.
g System integrators, Branded customers g End users
LG Display HQ g System integrators, Branded customers g
Direct sales and sales through overseas subsidiaries, etc. Sales terms are subject to change depending on the fluctuation in the supply and demand of
(4) Sales strategy
To secure stable sales to major personal computer makers and the leading consumer electronics makers globally
To increase sales of premium notebook computer products, to strengthen sales of the larger size and high-end monitor segment and to lead the large and
wide LCD television market including in the category of full-high definition 120Hz television monitors
To diversify our market in the mobile business segment, including products such as mobile phone, P-A/V, automobile navigation systems, e-book, aircraft
instrumentation and medical diagnostic equipment, etc.
(5) Purchase Orders
Customers generally place purchase orders with us one month prior to delivery. Our customary practice for procuring orders from our customers and
delivering our products to such customers is as follows:
Receive order from customer (overseas sales subsidiaries, etc.) g Headquarter is notified g Manufacture product g Ship product (overseas sales subsidiaries, etc.) g Sell product (overseas sales
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