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lg display co ltd-adr (LPL) Key Developments

LG Display Co., Ltd. Appoints Sung Sik Hwang as Outside Director and Member of the Audit Committee

LG Display Co., Ltd. announced that Sung Sik Hwang was appointed as an outside director and member of the audit committee of it's board of directors on January 27, 2015 by the Seoul Southern District Court. Hwang is also currently serving as president of Samchully Co., Ltd. and previously served as executive vice-president of Kyobo Life Insurance Co., Ltd. and partner of Samil PricewaterhouseCoopers.

LG Display Introduces Leading Display Technologies at CES 2015

LG Display will showcase the latest advances in the industry, including its global leadership in OLED technology, during CES 2015 in Las Vegas from January 6, 2015 to January 9, 2015. LG Display will introduce its cutting-edge technologies and products under the theme of 'Leading Technology, Great Design & Picture Quality, and Differentiation' in its private showroom at the Bellagio Hotel. To highlight its commitment to the superior qualities of OLED, LG Display will have a separate OLED zone within the showroom and demonstrate the benefits and the advantages of the technology to customers. The company's exclusive WRGB-based OLED panel technology boasts unsurpassed picture quality, achieving perfect black levels. The technology is optimized for curved designs since it prevents light leakage as it does not use backlight units and liquid crystals found in LCD panels LG Display will introduce 55-inch Ultra HD curved OLED panel for TVs at the CES for the first time, as well as various sizes of Ultra HD OLED displays including 65-inch curved and 77-inch variable panels. During CES, LG Display will also introduce new Ultra HD LCD displays for TVs employing fresh designs and improved picture quality based on IPS technology to provide differentiated value to customers, maintaining its leadership in the Ultra HD market. It will showcase its ultra-light and thin Art Slim series of 55- and 65-inch Ultra HD TV panels for TVs and 23- and 23.8-inch Full HD panels for monitors, while introducing a 65-inch Ultra HD panel with Wide Color Gamut (WCG) and a 98-inch Quad Ultra HD panel with 7,680 x 4,320 resolutions that is four times sharper than Ultra HD. In showing its commitment to leading the global mobile and IT display market with differentiated technology, LG Display will introduce its Advanced In-cell Touch (AIT) technology for larger IT devices besides smartphones and tablets, including a 15.6-inch notebook panel. AIT offers excellent touch functions as well as improved design formats with an ultra slim bezel. LG Display will showcase the expanded application of M+ technology, which is already used in TVs to achieve high brightness but low power consumption without compromising picture quality, to an extended range of products, including mobile devices and notebooks, as well as automotive and commercial displays. The company is committed to strengthening its leadership by offering premium value in LCD products while taking the lead in next-generation display markets.

LG Display Co., Ltd. Presents at Nomura@CES 2015, Jan-06-2015

LG Display Co., Ltd. Presents at Nomura@CES 2015, Jan-06-2015 . Venue: Bellagio Hotel, Las Vegas, Nevada, United States. Speakers: Heeyeon Kim, Head of IR Division and Vice President.

LG Display Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Nine Months and Standalone Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

LG Display Co., Ltd. announced unaudited consolidated earnings results for the nine months and standalone earnings results for the third quarter and nine months ended September 30, 2014. For the nine months, on consolidated basis, the company announced revenue of KRW 18,113,591 million compared to KRW 19,954,023 million for the same period a year ago. Operating profit was KRW 731,480 million compared to KRW 906,363 million for the same period a year ago. Profit before income tax was KRW 753,522 million compared to KRW 605,610 million for the same period a year ago. Profit for the period was KRW 528,198 million compared to KRW 348,157 million for the same period a year ago. Profit attributable to owners of the controlling company was KRW 528,180 million compared to KRW 354,576 million for the same period a year ago. Basic and diluted earnings per share were KRW 1,476 compared to KRW 991 for the same period a year ago. Net cash provided by operating activities was KRW 1,754,368 million compared to KRW 2,981,531 million for the same period a year ago. Acquisition of property, plant and equipment was KRW 2,352,432 million compared to KRW 2,510,750 million for the same period a year ago. Acquisition of intangible assets was KRW 258,979 million compared to KRW 140,313 million for the same period a year ago. For the quarter, on standalone basis, the company announced revenue of KRW 6,265,601 million compared to KRW 6,301,509 million for the same period a year ago. Operating profit was KRW 353,674 million compared to KRW 214,048 million for the same period a year ago. Profit before income tax was KRW 306,593 million compared to KRW 235,587 million for the same period a year ago. Profit for the period was KRW 253,601 million compared to KRW 118,904 million for the same period a year ago. Basic and diluted earnings per share were KRW 709 compared to KRW 332 for the same period a year ago. For the nine months, on standalone basis, the company announced revenue of KRW 17,412,538 million compared to KRW 19,140,049 million for the same period a year ago. Operating profit was KRW 448,250 million compared to KRW 625,344 million for the same period a year ago. Profit before income tax was KRW 445,430 million compared to KRW 295,770 million for the same period a year ago. Profit for the period was KRW 287,713 million compared to KRW 123,561 million for the same period a year ago. Basic and diluted earnings per share were KRW 804 compared to KRW 345 for the same period a year ago. Net cash provided by operating activities was KRW 1,976,566 million compared to KRW 2,311,643 million for the same period a year ago. Acquisition of property, plant and equipment was KRW 1,042,440 million compared to KRW 2,215,149 million for the same period a year ago. Acquisition of intangible assets was KRW 235,557 million compared to KRW 139,740 million for the same period a year ago.

LG Display Co., Ltd. Presents at 6th Annual dbAccess Korea Conference 2014, Nov-05-2014

LG Display Co., Ltd. Presents at 6th Annual dbAccess Korea Conference 2014, Nov-05-2014 . Venue: The Shilla Hotel, Seoul, South Korea.

 

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