Type
|
Public |
---|---|
Traded as |
|
Industry | Electronics |
Founded | 1995 |
Headquarters | Seoul, South Korea |
Key people
|
Sang-beom Han (Chief Executive Officer) |
Products | TFT-LCD panels, OLEDs, Flexible displays |
Revenue | US$25.55 billion (2015) |
Operating income
|
US$1.29 billion (2015) |
Net income
|
US$921.11 million (2015) |
Number of employees
|
49,000 (2015) |
Parent | LG Corporation |
Website | http://www.lgdisplay.com/ |
LG Display (Korean: LG 디스플레이) is the world's largest LCD panel maker. LG Display is one of the world's largest manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. 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.
LG Display was originally formed 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.
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.
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. 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.. LG Display has said it is considering appealing the fine.
This followed the 2008 case in the US, when LG Display Co., Chunghwa Picture Tubes and Sharp Corp., agreed to plead guilty and pay $585 million in criminal fines for conspiring to fix prices of liquid crystal display panels.
LG Display would pay $400 million, the second-highest criminal fine that the US Justice Department antitrust division had ever imposed. Chunghwa would pay $65 million for conspiring with LG Display and other unnamed companies and Sharp would pay $120 million, according to the department.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-25 | Future report Set alerts | |
Q2 2022 | 2022-07-27 | 0.00 | 0.00 |
Q1 2022 | 2022-04-27 | 0.00 | 0.00 |
Q4 2021 | 2022-01-26 | 0.00 | 0.00 |
Q3 2021 | 2021-10-27 | 0.00 | 0.00 |
Q2 2021 | 2021-07-27 | 0.00 | 0.00 |
Q1 2021 | 2021-04-28 | 0.00 | 0.00 |
Q4 2020 | 2021-01-27 | 0.00 | 0.00 |
Q3 2020 | 2020-10-22 | 0.00 | 0.00 |
Q2 2020 | 2020-07-23 | -0.56 | -0.57 |
2016-07-06 | Upgrade | Credit Agricole SA | Sell to Outperform | |
2016-06-28 | Upgrade | Nomura | Reduce to Neutral | |
2016-06-28 | Upgrade | Nomura Holdings Inc. | Reduce to Neutral | |
2016-06-21 | Initiated Coverage | Barclays | Overweight | $14.00 |
2016-06-21 | Initiated Coverage | Barclays PLC | Overweight | $14.00 |
2016-05-20 | Upgrade | Deutsche Bank | Hold to Buy | |
2016-05-20 | Upgrade | Deutsche Bank AG | Hold to Buy | |
2016-04-15 | Downgrade | Nomura | Neutral to Reduce | |
2016-04-15 | Downgrade | Macquarie | Neutral to Underperform | |
2016-03-21 | Boost Price Target | Cowen and Company | $11.20 to $12.90 | |
2016-03-17 | Reiterated Rating | Drexel Hamilton | Hold | $9.00 |
2015-10-28 | Lower Price Target | Cowen and Company | $12.33 | |
2015-10-22 | Downgrade | Macquarie | Outperform to Neutral | |
2015-10-15 | Initiated Coverage | Cowen and Company | Outperform | $13.50 |
2015-10-09 | Initiated Coverage | Drexel Hamilton | Hold | $10.50 |
2015-09-23 | Downgrade | Bank of America | Neutral to Underperform | |
2015-09-23 | Downgrade | Bank of America Corp. | Neutral to Underperform | |
2015-08-31 | Upgrade | Sanford C. Bernstein | Market Perform to Outperform | |
2015-07-24 | Reiterated Rating | Cantor Fitzgerald | Hold | $13.00 to $11.00 |
2015-07-23 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | |
2015-06-24 | Upgrade | Sanford C. Bernstein | Underperform to Market Perform | |
2015-06-18 | Upgrade | Credit Suisse | Underperform to Neutral | |
2015-06-18 | Upgrade | Credit Suisse Group AG | Underperform to Neutral | |
2015-04-26 | Reiterated Rating | Cantor Fitzgerald | Hold | $16.00 |
2015-01-29 | Reiterated Rating | Cantor Fitzgerald | Hold | $16.00 |
2014-10-20 | Upgrade | Credit Agricole | Sell to Outperform | |
2014-10-20 | Upgrade | Credit Agricole SA | Sell to Outperform | |
2014-10-16 | Downgrade | Credit Suisse | Neutral to Underperform | |
2014-09-30 | Downgrade | Credit Agricole | Outperform to Sell | |
2014-07-18 | Downgrade | Sanford C. Bernstein | Market Perform to Underperform | |
2014-06-09 | Upgrade | Macquarie | Neutral to Outperform | |
2014-04-24 | Downgrade | Credit Agricole | Buy to Outperform | |
2014-03-24 | Upgrade | Nomura | Neutral to Buy | |
2014-01-21 | Upgrade | Bank of America | Neutral to Buy | |
2013-10-18 | Downgrade | Credit Suisse | Outperform to Neutral | |
2013-10-11 | Upgrade | Citigroup Inc. | Neutral to Buy | |
2013-09-20 | Initiated Coverage | Cantor Fitzgerald | Hold | |
2012-12-18 | Downgrade | UBS | Buy to Neutral | $17.71 to $15.38 |
2012-11-16 | Upgrade | HSBC Securities | Neutral to Overweight | |
2012-11-15 | Downgrade | Avian | Positive to Neutral | $15 to $15 |
2011-06-20 | Upgrade | Ticonderoga | Sell to Neutral | |
2009-08-21 | Downgrade | Standpoint Research | Buy to Hold | |
2009-04-06 | Reiterated | Collins Stewart | Buy | $16 to $20 |
2008-06-19 | Downgrade | Deutsche Securities | Buy to Hold | |
2008-05-16 | Downgrade | Credit Suisse | Outperform to Neutral | |
2007-08-15 | Downgrade | Bear Stearns | Outperform to Peer Perform | |
2007-06-15 | Upgrade | Citigroup | Hold to Buy | |
2007-03-30 | Upgrade | Lehman Brothers | Underweight to Equal-weight |
2016-07-06 | Upgrade | Credit Agricole SA | Sell to Outperform | |
2016-06-28 | Upgrade | Nomura | Reduce to Neutral | |
2016-06-28 | Upgrade | Nomura Holdings Inc. | Reduce to Neutral | |
2016-06-21 | Initiated Coverage | Barclays | Overweight | $14.00 |
2016-06-21 | Initiated Coverage | Barclays PLC | Overweight | $14.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In LPL 54 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
MORGAN STANLEY | 5.38M |
DIMENSIONAL FUND ADVISORS LP | 4.58M |
PARAMETRIC PORTFOLIO ASSOCIATES LLC | 2.74M |
STATE STREET CORP | 0.65M |
OZ MANAGEMENT LP | 0.58M |
BlackRock Inc. | 0.49M |
ORBIS HOLDINGS LTD | 0.35M |
RUSSELL FRANK CO/ | 0.34M |
MANAGED ACCOUNT ADVISORS LLC | 0.33M |
AMERICAN CENTURY COMPANIES INC | 0.28M |
Connor, Clark & Lunn Investment Management Ltd. | 0.27M |
O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 0.25M |
GOLDMAN SACHS GROUP INC | 0.20M |
Aperio Group, LLC | 0.15M |
CITIGROUP INC | 0.11M |