LPL » Topics » 19. Segment Information

This excerpt taken from the LPL 6-K filed Nov 6, 2009.

19 Segment Information

 

(a) The Company manufactures and sells TFT-LCD and AM-OLED products. The segment of AM-OLED is not presented separately as the sales of AM-OLED products are insignificant to total sales.

 

(b) The Company sells its products in domestic and foreign markets. Export sales represent approximately 95% of total sales for the nine-month period ended September 30, 2009. The following is a summary of sales by region based on the location of the customers for the nine-month periods ended September 30, 2009 and 2008:

 

(In millions of Won)                                             
     Domestic    Taiwan    Japan    US    China    Europe    Others
in Asia
   Others    Total

2009

   (Won) 715,486    3,295,667    1,199,095    2,098,227    3,085,618    2,478,715    1,315,439    6,149    14,194,396
                                              

2008

   (Won) 821,537    2,799,318    1,140,355    1,707,199    2,289,109    1,986,040    1,224,246    174,734    12,142,538
                                              
This excerpt taken from the LPL 20-F filed Apr 16, 2008.

19. Segment Information

The Company operates in one business segment, the manufacture and sale of TFT-LCDs. The following is a summary of operations by country based on the location of the customer as of and for the years ended December 31, 2005, 2006 and 2007. Property, plant and equipment is based on the location of the equipment.

This excerpt taken from the LPL 20-F filed Apr 11, 2007.

19. Segment Information

The Company operates in one business segment, the manufacture and sale of TFT-LCDs.

The following is a summary of operations by country based on the location of the customer as of and for the years ended December 31, 2004, 2005 and 2006. Property, plant and equipment is based on the location of the equipment.

 

By Geography         

(in millions of Korean won)

   2004    2005    2006

Revenue from external customers:

        

Republic of Korea

   (Won) 890,194    (Won) 990,900    (Won) 805,164

Asia

     5,672,782      6,688,993      6,534,476

America

     752,971      1,062,374      1,033,726

Europe

     1,008,645      1,329,989      1,753,717

Others

     202      3,324      497,117
                    

Total

   (Won) 8,324,794    (Won) 10,075,580    (Won) 10,624,200
                    

Property, Plant, and Equipment:

        

Republic of Korea

   (Won) 6,402,446    (Won) 9,017,587    (Won) 8,898,774

Asia

     160,761      216,157      363,106

Europe

     171      298      219,205

Others

     599      62      4,063
                    

Total

   (Won) 6,563,977    (Won) 9,234,104    (Won) 9,485,148
                    

 

F-31


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Consolidated Financial Statements—(Continued)

December 31, 2004, 2005 and 2006

 

During the years ended December 31, 2004, 2005 and 2006, the Company’s revenue from its three largest customers accounted for 42.9%, 40.1% and 42.0% of total revenue respectively. Sales to A Company constituted 12.5%, 9.8% and 15.9% of total revenue, for the years ended December 31, 2004, 2005 and 2006, respectively. Sales to B Company constituted 16.8%, 14.5% and 13.8% of total revenue, for the years ended December 31, 2004, 2005 and 2006, 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, 2004, 2005 and 2006.

This excerpt taken from the LPL 6-K filed Mar 30, 2007.

22. Segment Information

The Company operates only one segment, the TFT-LCD division. Export sales represent about 92% of total sales for the year ended December 31, 2006.

The following is a summary of operations by country based on the location of the customers for the years ended December 31, 2006 and 2005:

 

(in millions of Korean won)

Sales

   Domestic    Taiwan    Japan    America    China    Europe    Others    Total

2006

   (Won) 845,693    (Won) 1,973,185    (Won) 1,148,192    (Won) 967,723    (Won) 2,979,621    (Won) 1,796,180    (Won) 490,066    (Won) 10,200,660
                                                       

2005

   (Won) 776,520    (Won) 791,830    (Won) 890,655    (Won) 787,329    (Won) 4,442,763    (Won) 1,055,853    (Won) 145,205    (Won) 8,890,155
                                                       
This excerpt taken from the LPL 6-K filed Feb 20, 2007.

22. Segment Information

The Company operates only one segment, the TFT-LCD division. Export sales represent about 92% of total sales for the year ended December 31, 2006.

The following is a summary of operations by country based on the location of the customers for the years ended December 31, 2006 and 2005:

 

(in millions of Korean won)

Sales

   Domestic    Taiwan    Japan    America    China    Europe    Others    Total

2006

   (Won) 845,693    (Won) 1,973,185    (Won) 1,148,192    (Won) 967,723    (Won) 2,979,621    (Won) 1,796,180    (Won) 490,066    (Won) 10,200,660
                                                       

2005

   (Won) 776,520    (Won) ,791,830    (Won) 890,655    (Won) 787,329    (Won) 4,442,763    (Won) 1,055,853    (Won) 145,205    (Won) 8,890,155
                                                       
This excerpt taken from the LPL 6-K filed Aug 14, 2006.

12. Segment Information

The Company operates only one segment, the TFT-LCD division. Export sales represent about 90% of total sales for six-month period ended June 30, 2006.

The following is a summary of operations by country based on the location of the customers for the six-month periods ended June 30, 2006 and 2005:

(in millions of Korean won)

 

Sales

   Domestic    Asia    America    Europe    Others    Total

2006

   (Won) 651,534    (Won) 2,940,440    (Won) 461,202    (Won) 643,800    (Won) 89,156    (Won) 4,786,132
                                         

2005

   (Won) 410,952    (Won) 2,872,611    (Won) 455,586    (Won) 632,155    (Won) 1,072    (Won) 4,372,376
                                         

 

See Report of Independent Accountants

 

43


LG. Philips LCD Co., Ltd.

This excerpt taken from the LPL 6-K filed May 15, 2006.

11.     Segment Information

The Company operates only one segment, the TFT-LCD division. Export sales represents 93 % of total sales.

The following is a summary of operations by country based on the location of the customers for the three-month periods ended March 31, 2006 and 2005.

 

(in millions of Korean won)

Sales    Domestic    Taiwan    Japan    America    China    Europe    Others    Total

2006

   (Won) 176,391    (Won) 231,016    (Won) 319,504    (Won) 266,659    (Won) 937,132    (Won) 424,201    (Won) 62,770    (Won) 2,417,673
                                                       

2005

   (Won) 189,172    (Won) 160,528    (Won) 151,512    (Won) 207,548    (Won) 796,075    (Won) 236,428    (Won) 29,045    (Won) 1,770,308
                                                       

 

See Report of Independent Accountants

19


Table of Contents

LG.Philips LCD Co., Ltd.

This excerpt taken from the LPL 6-K filed Feb 14, 2006.

22. Segment Information

 

The Company operates only one segment, the TFT-LCD division. Export sales represent about 90% of total sales for the years ended December 31, 2005 and 2004.

 

The following is a summary of operations by country based on the location of the customers for the years ended December 31, 2005 and 2004:

 

(in millions of Korean won)

 

Sales


  Domestic

  Taiwan

  Japan

  America

  China

  Europe

  Others

  Total

2005

  (Won) 776,520   (Won) 791,830   (Won) 890,655   (Won) 787,329   (Won) 4,442,763   (Won) 1,055,853   (Won) 145,205   (Won) 8,890,155

2004

    781,753     1,378,545     889,412     713,320     3,168,641     1,049,337     98,883     8,079,891

 

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

18. Segment Information

 

The Company operates in one business segment, the manufacture and sale of TFT-LCDs.

 

The following is a summary of operations by country based on the location of the customer as of and for the years ended December 31, 2002, 2003 and 2004. Property, plant and equipment is based on the location of the equipment.

 

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

18. Segment Information

 

The Company operates in one business segment, the manufacture and sale of TFT-LCDs.

 

The following is a summary of operations by country based on the location of the customer as of and for the years ended December 31, 2002, 2003 and 2004. Property, plant and equipment is based on the location of the equipment.

 

18. Segment Information

 

The Company operates in one business segment, the manufacture and sale of TFT-LCDs.

 

The following is a summary of operations by country based on the location of the customer as of and for the years ended December 31, 2002, 2003 and 2004. Property, plant and equipment is based on the location of the equipment.

 

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