QUOTE AND NEWS
Forbes  Nov 12  Comment 
Maybe the idea of owning an OLED TV isn't such a pipe dream after all.
Forbes  Nov 11  Comment 
I always say that smartwatches exist only because Apple was rumoured to be making one, and everyone else simply got in on the act before Apple had worked out how to perfect its technology. Well, we're still waiting for Apple's watch - which won't...
TechCrunch  Nov 11  Comment 
 Remember Tamagotchis? If you have forgotten, and are quite pleased by that progress like myself, than I deeply apologize for bringing you today’s news. LG has created a new line of smartphones with… personalities. Read More
Cellular News  Nov 10  Comment 
LG Electronics (LG) says that will begin rolling out Android 5.0 Lollipop upgrade for G3 smartphones starting in Poland this week, to be followed by other key markets in the near future. Click here for more.
Forbes  Nov 5  Comment 
OLED's future as a mass-market TV technology continues to look far from assured.
TechCrunch  Nov 5  Comment 
 Fresh from announcing record shipments in the last quarter of business, LG has revealed that it has struck a 10-year global patent agreement with Google. The company says that the arrangement covers all existing patents between the duo, as well...
The Hindu Business Line  Nov 5  Comment 
Reuters  Nov 4  Comment 
Problems at real estate investment trust giant American Realty Capital Properties escalated on Tuesday when LPL Financial Holdings said it will temporarily prohibit its...
StreetInsider.com  Nov 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/LPL+Financial+%28LPLA%29+Indefinitely+Suspends+Sale+of+American+Realty+Capital+%28ARCP%29%2C+RCS+Capital+%28RCAP%29+Investment+Products/9973729.html for the full story.
USAToday.com  Nov 1  Comment 
LCD picture quality may take a quantum leap thanks to LG.
Reuters  Oct 30  Comment 
The world's biggest TV makers, Samsung Electronics Co Ltd and LG Electronics Inc , are turning to quantum dot technology for their next-generation TVs as it could still be years before OLED is affordable for the mass market.





You may also be interested in articles related to LG Display (LPL):
 
TOP CONTRIBUTORS



LG Display Co., Ltd(LPL) is the second biggest producer of Liquid Crystal Display(LCD) in the world. LG Display engaged in the manufacture of thin-film transistor liquid crystal display (TFT-LCD) in a range of sizes and specifications primarily for use in televisions, notebook computers and desktop monitors. LG Display also manufactures TFT-LCDs for handheld application products, such as mobile phones, and medium and large-size panels for industrial and other applications, such as entertainment systems, automotives, portable navigation devices, e-books, digital photo displays and medical diagnostic equipment.

During the year ended December 31, 2009, LG Display sold a total of 129.6 million large-size (10-inch or larger) TFT-LCD panels. On February 25, 2010, LG Display purchased the liquid crystal display module division of LG Innotek, a subsidiary of LG Electronics, Inc.

In 2010, LG Display reflected the European Commission fines related to the alleged past anti-competitive acts in the LCD industry as an operating loss in the fourth quarter. However, LG Display posted a record high annual sales and stable earnings in 2010. Annual sales was KRW 25,512 billion, an increase of 27% from KRW 20,038 billion in 2009, and annual operating profit was KRW 1,310 billion, an increase of 30% from KRW 1,010 billion year-on-year.


Company Overview

History

Actually, LG Display was established in 1985, however, the basis of present LG Display was originally formed as a joint venture by the Korean electronics company LG Electronics(SEO:A066570) and the Dutch company Koninklijke Philips Electronics in 1999 to manufacture active matrix Liquid Crystal Displays (LCDs) and was formerly known as LG.Philips LCD, but Philips sold off its shares then LG.Philips LCD changed its corporate name to LG Display in 2008.

LG Display(NYSE:LPL, SEO:A034220) was the first Korean company which was listed simultaneously on New York Stock Exchange and Korea Stock Exchange in 2004. Today, LG Display is one of the biggest maker of liquid crystal display panels.


Business and Financial Metrics

IFRS [International Financial Reporting Standards) Statements of Income (Unit: KRW Bn)
Accounts Q1 '2009 Q2 '2009 Q3 '2009 Q4 '2009 2009 Q1 '2010 Q2 '2010 Q3 '2010 Q4 '2010 2010
Revenue(Sales) 3,542 4,772 5,818 5,905 20,038 5,876 6,454 6,698 6,483 25,512
Net Income -347 367 595 502 1,118 649 555 224 -268 1,159

Business Segments

LG Display’s display panels are included primarily in televisions, notebook computers, desktop monitors and industrial and other applications sold by its global end-brand customers. During the year ended December 31, 2009, its top ten end-brand customers included LG Electronics, Philips Electronics, Hewlett-Packard, Dell, Toshiba, Apple, AmTRAN, Skyworth, Acer and Lenovo. LG Electronics Inc. is LG Display’s largest shareholder.

Televisions

LG Display’s television panels range from 15 inches to 55-inch, wide-format in size. Its sales of display panels for televisions were 54.7% of sales during 2009. LG Display’s product portfolio includes panels of various sizes, such as 17-inch, 19-inch, 20-inch, 22-inch, 26-inch, 32-inch, 37-inch, 42-inch, 47-inch and 55-inch panels. The 32-inch, 37-inch, 42-inch and 47-inch, wide-format panels comprise its principal products in this category in terms of sales revenue and sales volume.

Notebook Computers

LG Display’s display panels for notebook computers range from 8.9 inches to 20.1-inch, wide-format in size in a variety of display formats. LG Display's sales of display panels for notebook computers were 17.8% of sales during 2009. In 2009, 14.1-inch, 15.4-inch and 15.6-inch panels were LG Display’s principal products.

Desktop Monitors

LG Display’s desktop monitor display panels range from 15 inches to 30-inch, wide-format in size in a variety of display resolutions and formats. LG Display's sales of display panels for desktop monitors were 23.2% of sales in 2009. Desktop monitor display panels have become LG Display’s second largest product category. In 2009, 19-inch and 18.5-inch panels were LG Display’s principal products in terms of sales revenue and sales volume in this category.

Other Applications

LG Display’s product portfolio includes small-size TFT-LCD panels for use in handheld application products, such as mobile phones, and medium and large-size panels for industrial and other applications, such as entertainment systems, automotives, portable navigation devices, e-books, digital photo displays and medical diagnostic equipment. TFT-LCD panels that are 10 inches and smaller are referred to as small and medium-size panels, with those smaller than four inches being considered small-size panels. In 2009, sales of small-size panels constituted a significant majority in terms of both sales revenue and sales volume in the other applications category. Some of the panels produced by LG Display for industrial products, such as medical diagnostic devices, are highly specialized products manufactured to the specifications of its clients, while others, such as industrial controllers, may be manufactured by slightly modifying a standard product design for its other products, such as desktop monitors. LG Display’s sales of display panels for other applications were 4.3% of sales in 2009.


Sales Breakdown of Segments
Display Panel Sales breakdown of 2010 Sales breakdown of 2009
TV 55.2% 54.7%
Monitor 21.1% 23.2%
Notebook 17.3% 17.8%
Mobile and Others 6.4% 4.3%
Total 100%(KRW 25,511,535 million) 100%(KRW 20,037,701 million)


In 2010, because LCD TV market grew up, sales breakdown of TV increased by 0.5% point, compared in 2009. Also, sales breakdown of Application increased, due to growing of the demand for Smartphone based on In-Plane Switching(IPS) technology.


Competition

Revenue Results and Growth by Supplier (US$ Millions) in Mar and Apr, 2011[1]

References

  1. DisplaySearch : Revenue Results and Growth by Supplier (US$ Millions) in Mar and Apr, 2011
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki