LG Display Co., Ltd. (LPL) - NYSE
  • Dec. 8, 2011, 9:00 AM

    Premarket gainers: PSUN +30%. AFFY +25%. GIII +19%. CEDC +11%. BPAX +6%. CJES +6%. AXL +6%. RDN +4%.
    Losers: WFR -8%. TSLA -8%. CLWR -7%. AMR -4%. AIG -4%. ALU -4%. BBEP -4%. LPL -4%. FRO -4%. NBG -4%. PPC -4%. NOK -4%. XTEX -3%. ARR -3%. EPD -3%. CREE -3%. SLT -3%. ING -3%.

    | Dec. 8, 2011, 9:00 AM
  • Dec. 2, 2011, 9:39 AM

    In a positive for OLED technology firm Universal Display (PANL), DigiTimes reports major Chinese and Taiwanese display panel makers, including AUO, plan to boost their development and production of AMOLED panels in 2012, in order to keep pace with Samsung and LG Display (LPL). PANL shares doubled in the weeks following an August licensing deal with Samsung, but have since corrected. (DisplaySearch)

    | Dec. 2, 2011, 9:39 AM
  • Nov. 21, 2011, 7:43 AM

    In line with prior reports, DigiTimes claims Amazon (AMZN) will launch an 8.9-inch version of the Kindle Fire in Q2 2012. Its use of an 8.9-inch display is reportedly motivated by price cuts for 8.9-inch panels from Samsung and LG Display (LPL). With iSuppli estimating the display/touchscreen assembly for the iPad 2 (AAPL) costs $127 alone, Amazon has some motivation to use a smaller display. (earlier)

    | Nov. 21, 2011, 7:43 AM | 4 Comments
  • Nov. 17, 2011, 9:30 AM

    Apple is reportedly keeping a tight lid on iPad 2 inventories in Q4, thanks to a decent inventory build in Q3, and the expected Q1 2012 release of the iPad 3. As a result, LCD panel suppliers such as LG Display (LPL) have seen their orders cut. It's possible iPad chip suppliers such as BRCM, STM, TQNT, and SWKS could also be affected. An inventory drawdown could help explain reports of weak iPad orders.

    | Nov. 17, 2011, 9:30 AM
  • Nov. 15, 2011, 8:14 AM

    Sony (SNE), Hitachi (HIT), and Toshiba (TOSBF.PK) are unveiling their previously announced display JV, creatively calling the new company Japan Display Inc. The venture will be operated and 70% owned by a government-backed firm called INCJ. AUO, LPL, and other display makers are hoping the consolidation provided by the JV will help relieve industry price pressures.

    | Nov. 15, 2011, 8:14 AM
  • Nov. 10, 2011, 3:53 PM

    After stabilizing a little from April to July, prices for large-sized LCD panels (primarily used in TV sets) fell sharply again in August and September, according to IHS iSuppli. Weak TV demand in the West is once again the culprit, and it's leading panel suppliers such as AUO and LPL to offer "very aggressive prices" for the holiday season. (also)

    | Nov. 10, 2011, 3:53 PM
  • Nov. 8, 2011, 2:37 PM

    In spite of widespread complaints about the technology's immaturity, 3D TV adoption continues to gain steam: a Chinese research firm estimates 3D TV sales in China will top 10M in 2012, good for a quarter of local TV shipments. TV panel makers such as AUO and LPL are banking on higher shipments of costly 3D panels to offset weak pricing for 2D panels. (previously)

    | Nov. 8, 2011, 2:37 PM
  • Oct. 27, 2011, 2:33 PM

    Whirlpool (WHR +4.4%) applauds a Commerce Dept. preliminary injunction against foreign producers in Mexico and South Korea accused of dumping bottom-mount refrigerators below wholesale prices in the U.S. A spokesperson for the company decides to name names: "When foreign companies like Samsung and LG violate trade laws, they destroy the ability of United States producers to invest, innovate and create jobs here in America."

    | Oct. 27, 2011, 2:33 PM
  • Oct. 11, 2011, 9:58 AM
    DisplaySearch now expects 2011 global TV shipments to be flat Y/Y, at 248M units, thanks to declining sales in developed nations. Perhaps more troubling, from the perspective of industry suppliers such as GLW, AUO, LPL, and NXPI, is its forecast of minimal growth in flat-panel shipments from 2011-2014, compared with 25%+ annual growth from 2004-2010. (Q2 data)
    | Oct. 11, 2011, 9:58 AM | 1 Comment
  • Sep. 13, 2011, 2:57 PM

    Makers of large-area LCD panels are responding to weak TV demand and panel pricing by cutting output. LG Display (LPL), one of the largest players in the space, could see its utilization rate drop to the 50-70% range in Q4. This could boost the profitability of the panel makers, but it's likely a problem for suppliers such as GLW and AMAT. (previously)

    | Sep. 13, 2011, 2:57 PM
  • Sep. 8, 2011, 9:00 AM

    DisplaySearch estimates glass consumption by TFT LCD manufacturers such as AUO and LPL will decline 14% Q/Q in Q3, as soft PC and TV demand drives LCD production lower. This is a negative for Corning (GLW), given its reliance on LCD glass sales for over half of its gross profit.

    | Sep. 8, 2011, 9:00 AM | 1 Comment
  • Aug. 31, 2011, 3:36 PM

    AU Optronics (AUO) is up 4.6% on the day, as the company announces a business restructuring, and the planned merger of Sony (SNE), Hitachi (HIT), and Toshiba's display ops feeds hopes of lower capacity growth and stronger pricing for the LCD panel market. Fellow panel maker LG Display (LPL +1%) is clocking a more modest gain.

    | Aug. 31, 2011, 3:36 PM
  • Aug. 30, 2011, 8:53 AM

    Adoption of 3D TVs is finally gaining momentum: DisplaySearch estimates shipments of large, 3D-capable, LCD panels grew 124% Q/Q in Q2, to 5.2M units, and it also expects strong growth in Q3. Panel makers such as LPL and AUO, who are struggling with soft overall demand, benefit from the higher prices attached to 3D-capable panels.

    | Aug. 30, 2011, 8:53 AM
  • Aug. 29, 2011, 9:43 AM
    LCD panel maker LG Display (LPL), which cut its 2011 capex forecast last month, is now cutting its 2012 forecast as well, thanks to soft PC and TV sales. Applied Materials (AMAT), which reported soft orders for its display manufacturing gear last week, can't be happy to hear LG's news. However, Wall Street seems pleased - LPL is currently up 5.8%.
    | Aug. 29, 2011, 9:43 AM
  • Aug. 24, 2011, 9:15 AM

    Premarket gainers: AVGO +11%. RENN +12%. ATPG +10%. ELN +5%. CPST +4%.
    Losers: PSUN -22%. UTHR -21%. HSOL -10%. TCAP -8%. AEO -7%. HGSI -7%. BUD -4%. TTM -4%. LPL -4%. BCS -4%. AUO -3%. STD -3%.

    | Aug. 24, 2011, 9:15 AM
  • Aug. 23, 2011, 11:22 AM

    Universal Display (PANL) is now up 19.6% on news of its OLED partnership with Samsung (SSNLF.PK). Brigantine is upgrading shares to Buy, believing the company will profit as AUO, LPL, SNE, and others ramp OLED production. While the Samsung deal only involves license fees, PANL could try to collect royalties from other manufacturers.

    | Aug. 23, 2011, 11:22 AM | 1 Comment
Company Description
LG Display Co., Ltd. is engaged in the development, production, and sale of thin film transistor (TFT) liquid crystal display (LCD) panels. It operates through the following business divisions: TFT-LCD, Flexible Display, and Organic Light-Emitting Diode (OLED). The TFT-LCD division provides LCDs... More
Sector: Technology
Industry: Diversified Electronics
Country: Korea