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LG.Philips LCD

LG Display
LG디스플레이
Public
Traded as
Industry Electronics
Founded 1999
Headquarters Seoul, South Korea
Key people
Sang-beom Han (Chief Executive Officer)
Products TFT-LCD panels, OLEDs, Flexible displays
Revenue Decrease US$25.55 billion (2015)
Increase US$1.29 billion (2015)
Increase US$921.11 million (2015)
Number of employees
49,000 (2015)
Parent LG Corporation
Website http://www.lgdisplay.com/
LG Display
Hangul LG디스플레이
Revised Romanization LG Diseupeullei
McCune–Reischauer LG Tisŭp'ŭllei

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. Both companies also had another joint venture, called LG.Philips Displays, dedicated to manufacturing Cathode ray tubes, Deflection yokes, and related materials such as glass and phosphors(not to be confused with phosphorus)

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.


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