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LG Display Co., Ltd. (LPL)

  • Sep. 20, 2012, 2:37 PM
    AU Optronics (AUO -4%) has been fined $500M for its role in a 5-year LCD price-fixing conspiracy, half of what the DOJ was seeking. Shares spiked higher on the news, but still remain off on the day. Rival LG Display (LPL -1.9%) is also trading lower.
    | Sep. 20, 2012, 2:37 PM | Comment!
  • Sep. 13, 2012, 11:25 AM
    AU Optronics (AUO -2.6%) slips after the DOJ asks a federal judge to fine the company $1B in response to the company's March conviction for its complicity in a 5-year LCD price-fixing scheme. The DOJ also wants two AUO execs to serve 10 years in prison and pay $1M fines. Other LCD panel makers, including LG Display (LPL) and Sharp (SHCAY.PK), have already agreed to pay over $890M in fines related to the scheme.
    | Sep. 13, 2012, 11:25 AM | Comment!
  • Sep. 11, 2012, 2:27 PM
    As consumer electronics spending shifts to mobile devices, the TV market is looking just as ugly as the PC market. DisplaySearch estimates global Q2 unit shipments fell 8% Y/Y in Q2, the same as Q1. Top vendor Samsung's (SSNLF.PK) TV revenues rose 18% Y/Y, boosting its share to 28.5%. But #3 Sony's (SNE) fell 33%, hurt by the Japanese market's brutal 77% shipment drop. Some companies with TV industry exposure: GLW, STM, NXPI, SIGM, AUO, LPL.
    | Sep. 11, 2012, 2:27 PM | Comment!
  • Sep. 5, 2012, 10:06 AM
    Samsung (SSNLF.PK) is requesting an injunction against LG Display (LPL) over the alleged leaking of technology used to manufacture OLED displays. In July, 11 current/former Samsung researchers were indicted on charges of leaking OLED tech to LG. If Samsung's moves slow down the pace at which LG ramps OLED manufacturing, it would be a negative for OLED technology/materials supplier Universal Display (PANL). (previous)
    | Sep. 5, 2012, 10:06 AM | Comment!
  • Aug. 31, 2012, 10:29 AM
    The iPad Mini (AAPL) will sport a 7.85" display, sources tell Bloomberg, backing up earlier reports that the device will have a slightly bigger display than its 7" Android rivals. AU Optronics (AUO) and LG Display (LPL) will provide LCD panels for the Mini, which is rumored to be thinner than the regular iPad.
    | Aug. 31, 2012, 10:29 AM | Comment!
  • Aug. 27, 2012, 6:06 PM
    Notebook display panel prices have dropped in August due to weak demand, claims DisplaySearch. This comes on top of recent reports of falling PC DRAM prices, and is another sign PC component suppliers could be facing intense pricing pressure in 2H to go with soft unit shipments, thanks to the industry's woes. All eyes are on Windows 8's (MSFT) Oct. 26 launch. (Intel estimate cuts)
    | Aug. 27, 2012, 6:06 PM | Comment!
  • Aug. 23, 2012, 4:48 AM
    LG Display (LPL) started the manufacturing this month of screens with in-cell technology, which embeds touch sensors into the displays and avoids the need for a separate touch-screen layer. That allows devices to be thinner. This is all very exciting because of the fevered speculation that the screens will be used in the next iPhone (AAPL). Sharp and Japan Display are also producing in-cell screens.
    | Aug. 23, 2012, 4:48 AM | 1 Comment
  • Aug. 6, 2012, 1:57 PM
    It's not just Sharp (SHCAY.PK) that's feeling the pain caused by a weak TV market: Sony (SNE), Samsung (SSNLF.PK), Panasonic (PC), and LG have all significantly lowered their 2012 sales targets. Sony's target has dropped by 4M to 15.5M, and Samsung's by 10M to 40M. The ripple effects are already being felt by everyone from panel makers (AUO, LPL) to component suppliers (GLW, NXPI, STM) to retailers (HGG, BBY, CONN).
    | Aug. 6, 2012, 1:57 PM | 4 Comments
  • Jul. 25, 2012, 6:21 PM
    Corning (GLW -7.7%) opened down just slightly after reporting this morning, but ended up plunging to 3-year lows. Q2's 16% Y/Y drop in display glass sales more than offset modest increases elsewhere, and stoked fears that there's no bottom in sight for the market, given weak LCD TV demand. During its earnings call, Corning noted macro issues are affecting multiple businesses, and that it's seeing "mixed performance" in China, where it's about to build a new plant. AUO -7.6%. LPL -4.1%.
    | Jul. 25, 2012, 6:21 PM | 1 Comment
  • Jun. 26, 2012, 2:34 PM
    LCD panel makers are shifting capacity from monitor production to tablet and TV production, sources tell Digitimes. The report notes panel makers are both optimistic about a 2H pickup in TV demand (sales were weak in Q1), and pessimistic about the monitor market's growth potential. It could be further evidence (I, II) global PC demand is slumping.
    | Jun. 26, 2012, 2:34 PM | 1 Comment
  • Jun. 21, 2012, 7:23 PM
    Global TV shipments fell nearly 8% Y/Y in Q1, estimates DisplaySearch, as firmer pricing hurt volumes, and consumers directed a greater chunk of their electronics spending at mobile devices. LCD shipments fell 3%, while plasma shipments tumbled 18%. Samsung (SSNLF.PK) claimed a 26% share of the market, and was followed by LG (14.6%) and Sony (SNE - 9.4%). Some key TV industry suppliers: GLW, AUO, LPL, STM, NXPI.
    | Jun. 21, 2012, 7:23 PM | Comment!
  • Jun. 13, 2012, 12:15 PM
    Apple (AAPL) news roundup: 1) Apple is killing off its music-oriented Ping social network, which has seen limited uptake, in favor of Facebook/Twitter integration. 2) Samsung (SSNLF.PK) and LPL are reportedly the suppliers for the next-gen MacBook Pro's retina display, which is said to cost over $150. 3) Shipping times for the notebook have risen to 3-4 weeks. 4) Apple confirms the Mac Pro will be overhauled next year - this week's limited Mac Pro upgrade didn't go over well with many.
    | Jun. 13, 2012, 12:15 PM | 2 Comments
  • May 21, 2012, 6:07 PM
    Sony (SNE) recently began mass production of "in-cell" touch panels that will be used in Apple's (AAPL) next iPhone, the Taipei Times reports. It's added Sharp (SHCAY.PK), Toshiba (TOSBF.PK), and LG Display (LPL) will also supply Apple with in-cell panels, which can reduce a device's thickness and weight relative to conventional touch panel tech.
    | May 21, 2012, 6:07 PM | 1 Comment
  • May 17, 2012, 9:52 AM
    Another day, another rumor about an iPad Mini arriving. The latest comes from Taiwan's Liberty Times (translation), which notes a Macquarie report suggesting a smaller iPad could ship by the end of Q3, and with a 2012 production target of 6M units. It's added LG Display (LPL) and AU Optronics (AUO) have passed Apple's (AAPL) LCD panel certification tests for the product.
    | May 17, 2012, 9:52 AM | Comment!
  • May 15, 2012, 4:14 PM
    It's not just the upcoming MacBook Pros that will feature retina displays, according to 9to5 Mac: the site now claims Apple (AAPL) will also release MacBook Airs next month that sport high-res screens, to go with improved battery tech. Moreover, iMacs with retina displays have reportedly been spotted in the supply chain, though no ETA exists. LCD panel makers such as AUO and LPL benefit either if they supply Apple, or if other PC makers follow Apple's lead.
    | May 15, 2012, 4:14 PM | 1 Comment
  • May 8, 2012, 4:02 PM
    U.S. flat-panel TV prices continued their year-long surge in April, reports iSuppli: the price of the average set reached $1248, up 11.4% from December. Adoption of LED TVs and 3D TVs is contributing to the increase, but so are stabilizing LCD panel and glass prices, and an end to the brutal price war TV manufacturers such as Sony (SNE), Panasonic (PC), and Samsung (SSNLF.PK) were engaged in last year.
    | May 8, 2012, 4:02 PM | 2 Comments
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Company Description
LG Display Co Ltd provides thin-film transistor liquid crystal display, or TFT-LCD, technology and other display panel technologies, including OLED technology. It manufactures TFT-LCD panels for use in televisions, notebook computers, and desktop.
Sector: Technology
Country: Korea