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added three images, added main products chart, added introduction, added market share, added key technology/products, added history(1995~), added current operations(as of 2013), added see also, updated information box, added references
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{{Use dmy dates|date=April 2013}}
{{Use dmy dates|date=April 2013}}
{{Infobox Company
{{Infobox Company
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| traded_as = {{ubl|{{kse|034220}}|{{NYSE|LPL}}}}
| traded_as = {{ubl|{{kse|034220}}|{{NYSE|LPL}}}}
| genre =
| genre =
| foundation = 1999
| foundation = 1995
| founder =
| founder =
| location_city = [[Seoul]]
| location_city = [[Seoul]]
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| location =
| location =
| locations =
| locations =
| key_people =
| key_people = Sang-beom Han (Chief Executive Officer)
| industry = [[Electronics]]
| industry = [[Electronics]]
| products = [[LCD]] Modules
| products = [[TFT-LCD]] panels, [[OLED]]s, [[Flexible display]]s
| market cap =
| market cap =
| revenue = {{increase}} US$22.1 billion (2010)
| revenue = {{decrease}} US$6.1 billion (2013)
| operating_income =
| operating_income = {{increase}} US$362.5 million (2013)
| net_income = {{increase}} US$1.0 billion (2010)
| net_income = {{increase}} US$222.7 million (2013)
| assets =
| assets =
| equity =
| equity =
| owner =
| owner =
| num_employees = 30,115
| num_employees = 53,000
| parent = [[LG Group]]
| parent = [[LG Group]]
| divisions =
| divisions =
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}}
}}
{{Infobox Korean name
{{Infobox Korean name
|hangul=LG 디스플레이
|hangul=LG디스플레이
|rr=LG Diseupeullei
|rr=LG Diseupeullei
|mr=LG Tisŭp'ŭllei
|mr=LG Tisŭp'ŭllei
}}
}}


'''LG Display''' ([[Korean language|Korean]]: LG 디스플레이) is the world's largest [[LCD]] panel maker.<ref>{{cite news| url=http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/110214_large_area_tft_lcd_shipments_grow_in_2010_reaching_665_million.asp | work=DisplaySearch | title=Large-Area TFT LCD Shipments Grow 26% Y/Y in 2010, Reaching 665 Million
'''LG Display''' ([[Korean language|Korean]]: LG디스플레이) is one of the world's largest manufacturer and supplier of thin-film transistor liquid crystal display ([[TFT-LCD]]) panels, [[OLED]]s and [[flexible display]]s. The company provides display panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, mobile products and other various applications. LG Display is headquartered in [[Seoul]], [[South Korea]] and currently operates nine fabrication facilities and seven back-end assembly facilities in [[Korea]], [[China]], [[Poland]], and [[Mexico]]. The company has a total of 53,000 employees operating worldwide. LG Display is also the world's largest [[LCD]] panel maker.<ref>{{cite news| url=http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/110214_large_area_tft_lcd_shipments_grow_in_2010_reaching_665_million.asp | work=DisplaySearch | title=Large-Area TFT LCD Shipments Grow 26% Y/Y in 2010, Reaching 665 Million
| date=14 February 2011}}</ref> LG Display is headquartered in [[Seoul]], South Korea.
| date=14 February 2011}}</ref>

According to US market research firm DisplaySearch, LG Display led the market with 29% market share of the ‘9.1-inch and above large area’ [[LCD]] market in 2012. LG Display also was top in all major product segments: 24.6% for TV LCDs, 33.3% for notebook LCDs, 28.2% for monitor LCDs and 39.4% for tablet PC LCDs.<ref>http://www.koreatimes.co.kr/www/news/tech/2013/04/133_133550.html</ref>
[[File:LG Display Paju Display Cluster.jpg|thumb|alt=LG Display Paju Display Cluster.|LG Display Paju Display Cluster.]]


== History ==
== History ==

⚫
LG Display was originally formed as a joint venture by the [[Korea]]n [[electronics]] company [[LG Electronics]] and the Dutch company [[Philips|Koninklijke Philips Electronics]] in 1999 to manufacture active matrix [[liquid crystal display]]s (LCDs) and was formerly known as ''LG.Philips LCD'', but Philips sold off all its shares in late 2008.<ref>{{cite news| url=http://www.reuters.com/article/hotStocksNews/idUSTRE52B0BN20090312 | work=Reuters | title=LG Display shares drop 5.4 percent on Philips stake sale | date=12 March 2009}}</ref>
[[LG]] began developing [[TFT-LCD]]s in 1985 and started mass production at P1 in 1995. P3, the world’s first 4th generation plant, started mass production in 2000. This was followed by P4, the world’s first 5th generation facility in 2002, which opened a new era of large-sized [[LCD]] technology and advanced the company’s position as the world’s leading display maker. In January 2006, LG Display completed construction of the world's largest display cluster in Paju, South Korea and began full-scale production of large TV panels. In 2010, the company launched the world’s first [[FPR]] 3D TV, and in 2012, it succeeded in mass producing the world’s first large-sized [[OLED]] TV panel.<ref>http://dware.intojob.co.kr/keddisco/ebook/2012/KEDDISCO/EBook.htm</ref>

⚫
LG Display transformed as a joint venture by the [[Korea]]n [[electronics]] company [[LG Electronics]] and the Dutch company [[Philips|Koninklijke Philips Electronics]] in 1999 to manufacture active matrix [[liquid crystal display]]s (LCDs) and was formerly known as ''LG.Philips LCD'', but Philips sold off all its shares in late 2008.<ref>{{cite news| url=http://www.reuters.com/article/hotStocksNews/idUSTRE52B0BN20090312 | work=Reuters | title=LG Display shares drop 5.4 percent on Philips stake sale | date=12 March 2009}}</ref>


On 12 December 2008, LG.Philips LCD announced its plan to change its corporate name to LG Display upon receiving approval at the company's annual general meeting of shareholders on 29 February. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips' equity stake, and LG's commitment to enhanced responsible management.
On 12 December 2008, LG.Philips LCD announced its plan to change its corporate name to LG Display upon receiving approval at the company's annual general meeting of shareholders on 29 February. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips' equity stake, and LG's commitment to enhanced responsible management.


== Key Technology/Products ==
[[File:LG Display 5-inch Flexible OLED 2013.jpg|thumb|400px|alt=LG Display 5-inch Flexible OLED 2013.|LG Display 5-inch Flexible OLED.]]

*Main Products<ref>http://lgdnewsroom.com/companyinfo/company-information/209</ref>

{| class="wikitable"
|-
! Subject !! Size !! Example
|-
| Television Panels || 18.5- to 84-inch || HD & Full HD Television Panels, including 32- 37- 42- 47- 55- and 84-inch
|-
| Monitor Panels || 17- to 27-inch || Premium Monitor Panels including 19W, 20W, 22W, 23W and 30W
|-
| Notebook PC Panels || 12.5- to 17.3-inch || Premium Notebook PC Panels, including 13.3W, 14.0W and 15.6W
|-
| Smartbook Panels || 7- to 10.1-inch || ULTRA HD Smartbook Panels employing AH-IPS, including 7- 9.4- 9.7- 10.1-inch
|-
| Smartphone Panels || 2.8- to 4.5-inch || A wide array of application panels used in smart phones for more detailed images, 3.5- 4- 4.3- 4.5-inch
|}

== Current Operations ==


The company has eight manufacturing plants in [[Gumi, South Korea|Gumi]] and [[Paju]], South Korea. It also has a module assembly plant in [[Nanjing]] and [[Guangzhou]] in China and [[Wrocław|Wroclaw in Poland]].
The company has eight manufacturing plants in [[Gumi, South Korea|Gumi]] and [[Paju]], South Korea. It also has a module assembly plant in [[Nanjing]] and [[Guangzhou]] in China and [[Wrocław|Wroclaw in Poland]].
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In December 2010, the EU fined LG Display €215 million for its part in an [[LCD]] price fixing scheme.<ref>{{cite web|url=http://www.bloomberg.com/news/2010-12-08/six-lcd-panel-makers-fined-649-million-by-european-union-for-price-fixing.html|title=LCD-Panel Makers Fined $649 Million by European Union for Price Fixing|author=Aoife White|publisher=Bloomberg|date=8 December 2010|accessdate=2010-12-11}}</ref> Other companies were fined for a combined total of €648.9 million, including [[Chimei Innolux Corporation|Chimei Innolux]], [[AU Optronics]], Chunghwa Picture Tubes Ltd., and [[HannStar Display Corporation|HannStar Display Corp.]].<ref>http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/10/736&format=HTML&aged=0&language=EN&guiLanguage=en Joaquín Almunia Vice President of the European Commission responsible for Competition Policy Press conference on LCD cartel, Visa and French chemists' association decisions Press conference Brussels, 8 December 2010</ref> LG Display has said it is considering appealing the fine.<ref>{{cite news|url=http://www.koreatimes.co.kr/www/news/tech/2010/12/133_77753.html|title=2 LCD giants face contrasting fates|publisher=The Korea Times|date=9 December 2010|accessdate=2010-12-11}}</ref>
In December 2010, the EU fined LG Display €215 million for its part in an [[LCD]] price fixing scheme.<ref>{{cite web|url=http://www.bloomberg.com/news/2010-12-08/six-lcd-panel-makers-fined-649-million-by-european-union-for-price-fixing.html|title=LCD-Panel Makers Fined $649 Million by European Union for Price Fixing|author=Aoife White|publisher=Bloomberg|date=8 December 2010|accessdate=2010-12-11}}</ref> Other companies were fined for a combined total of €648.9 million, including [[Chimei Innolux Corporation|Chimei Innolux]], [[AU Optronics]], Chunghwa Picture Tubes Ltd., and [[HannStar Display Corporation|HannStar Display Corp.]].<ref>http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/10/736&format=HTML&aged=0&language=EN&guiLanguage=en Joaquín Almunia Vice President of the European Commission responsible for Competition Policy Press conference on LCD cartel, Visa and French chemists' association decisions Press conference Brussels, 8 December 2010</ref> LG Display has said it is considering appealing the fine.<ref>{{cite news|url=http://www.koreatimes.co.kr/www/news/tech/2010/12/133_77753.html|title=2 LCD giants face contrasting fates|publisher=The Korea Times|date=9 December 2010|accessdate=2010-12-11}}</ref>

As of 2013, LG Display is operating nine fabricaion facilities and seven back-end assembly facilities: three TFT-LCD manufacturing facilities (P7, P8 and P9) and a Research & Development Center at Paju Display Cluster and six TFT-LCD Manufacturing facilities (P1, P2, P3, P4, P5 and P6) in Gumi, Korea. Back-end assembly facilities are in [[Gumi]] and [[Paju]], [[Korea]]; [[Nanjing]], [[Guangzhou]] and [[Yentai]], [[China]]; [[Wroclaw]], [[Poland]] and [[Reynosa]], [[Mexico]].

[[File:LG_Display_Manufacturing_Facilities_Chart_2013.jpg|thumb|500px|center|alt=LG Display Manufacturing Facilities Chart|LG Display Manufacturing Facilities Chart.]]


==See also==
==See also==
* [[LG Group]]
* [[LG Group]]
* [[Economy of South Korea]]
* [[Economy of South Korea]]
* [[IPS Panel]]
* [[FPR]]


==References==
==References==
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{{LG Electronics}}
{{LG Electronics}}


{{DEFAULTSORT:Lg Display}}
{{DEFAULTSORT:LG Display}}
[[Category:Companies based in Seoul]]
[[Category:Companies based in Seoul]]
[[Category:Companies established in 1999]]
[[Category:Companies established in 1999]]

Revision as of 00:15, 14 November 2013

LG Display
LG디스플레이
Company typePublic company
IndustryElectronics
Founded1995
Headquarters
Seoul
,
South Korea
Key people
Sang-beom Han (Chief Executive Officer)
ProductsTFT-LCD panels, OLEDs, Flexible displays
RevenueDecrease US$6.1 billion (2013)
Increase US$362.5 million (2013)
Increase US$222.7 million (2013)
Number of employees
53,000
ParentLG Group
Websitehttp://www.lgdisplay.com/
LG Display
Hangul
LG디스플레이
Revised RomanizationLG Diseupeullei
McCune–ReischauerLG Tisŭp'ŭllei

LG Display (Korean: LG디스플레이) is one of the world's largest manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. The company provides display panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, mobile products and other various applications. LG Display is headquartered in Seoul, South Korea and currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland, and Mexico. The company has a total of 53,000 employees operating worldwide. LG Display is also the world's largest LCD panel maker.[1]

According to US market research firm DisplaySearch, LG Display led the market with 29% market share of the ‘9.1-inch and above large area’ LCD market in 2012. LG Display also was top in all major product segments: 24.6% for TV LCDs, 33.3% for notebook LCDs, 28.2% for monitor LCDs and 39.4% for tablet PC LCDs.[2]

LG Display Paju Display Cluster.
LG Display Paju Display Cluster.

History

LG began developing TFT-LCDs in 1985 and started mass production at P1 in 1995. P3, the world’s first 4th generation plant, started mass production in 2000. This was followed by P4, the world’s first 5th generation facility in 2002, which opened a new era of large-sized LCD technology and advanced the company’s position as the world’s leading display maker. In January 2006, LG Display completed construction of the world's largest display cluster in Paju, South Korea and began full-scale production of large TV panels. In 2010, the company launched the world’s first FPR 3D TV, and in 2012, it succeeded in mass producing the world’s first large-sized OLED TV panel.[3]

LG Display transformed as a joint venture by the Korean electronics company LG Electronics 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 all its shares in late 2008.[4]

On 12 December 2008, LG.Philips LCD announced its plan to change its corporate name to LG Display upon receiving approval at the company's annual general meeting of shareholders on 29 February. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips' equity stake, and LG's commitment to enhanced responsible management.


Key Technology/Products

LG Display 5-inch Flexible OLED 2013.
LG Display 5-inch Flexible OLED.
  • Main Products[5]
Subject Size Example
Television Panels 18.5- to 84-inch HD & Full HD Television Panels, including 32- 37- 42- 47- 55- and 84-inch
Monitor Panels 17- to 27-inch Premium Monitor Panels including 19W, 20W, 22W, 23W and 30W
Notebook PC Panels 12.5- to 17.3-inch Premium Notebook PC Panels, including 13.3W, 14.0W and 15.6W
Smartbook Panels 7- to 10.1-inch ULTRA HD Smartbook Panels employing AH-IPS, including 7- 9.4- 9.7- 10.1-inch
Smartphone Panels 2.8- to 4.5-inch A wide array of application panels used in smart phones for more detailed images, 3.5- 4- 4.3- 4.5-inch

Current Operations

The company has eight manufacturing plants in Gumi and Paju, South Korea. It also has a module assembly plant in Nanjing and Guangzhou in China and Wroclaw in Poland.

LG Display became an independent company in July 2004 when it was concurrently listed on the New York Stock Exchange (NYSE: LPL) and the South Korean Stock Exchange (KRX: 034220).

They are one of the main licensed manufacturers of the more color-accurate IPS panels used by Dell, NEC, ASUS, Apple (including iMacs, iPads, iPhones, iPod touches) and others, which were developed by Hitachi.

In December 2010, the EU fined LG Display €215 million for its part in an LCD price fixing scheme.[6] Other companies were fined for a combined total of €648.9 million, including Chimei Innolux, AU Optronics, Chunghwa Picture Tubes Ltd., and HannStar Display Corp..[7] LG Display has said it is considering appealing the fine.[8]

As of 2013, LG Display is operating nine fabricaion facilities and seven back-end assembly facilities: three TFT-LCD manufacturing facilities (P7, P8 and P9) and a Research & Development Center at Paju Display Cluster and six TFT-LCD Manufacturing facilities (P1, P2, P3, P4, P5 and P6) in Gumi, Korea. Back-end assembly facilities are in Gumi and Paju, Korea; Nanjing, Guangzhou and Yentai, China; Wroclaw, Poland and Reynosa, Mexico.

LG Display Manufacturing Facilities Chart
LG Display Manufacturing Facilities Chart.

See also

References

  1. ^ "Large-Area TFT LCD Shipments Grow 26% Y/Y in 2010, Reaching 665 Million". DisplaySearch. 14 February 2011.
  2. ^ http://www.koreatimes.co.kr/www/news/tech/2013/04/133_133550.html
  3. ^ http://dware.intojob.co.kr/keddisco/ebook/2012/KEDDISCO/EBook.htm
  4. ^ "LG Display shares drop 5.4 percent on Philips stake sale". Reuters. 12 March 2009.
  5. ^ http://lgdnewsroom.com/companyinfo/company-information/209
  6. ^ Aoife White (8 December 2010). "LCD-Panel Makers Fined $649 Million by European Union for Price Fixing". Bloomberg. Retrieved 11 December 2010.
  7. ^ http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/10/736&format=HTML&aged=0&language=EN&guiLanguage=en Joaquín Almunia Vice President of the European Commission responsible for Competition Policy Press conference on LCD cartel, Visa and French chemists' association decisions Press conference Brussels, 8 December 2010
  8. ^ "2 LCD giants face contrasting fates". The Korea Times. 9 December 2010. Retrieved 11 December 2010.
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