LG Display Co, Ltd AMERICAN DEP (LPL) Stock Discussions on Social Media

LG Lowers OLED TV Prices by 20% to Expand SalesBy Kim Eun-jin March 2, 2021, 13:36ShareBusiness KoreaLG Electronics announced on March 1 that it will release an increased number of OLED TV models with lowered prices in 2021.The company will sequentially launch a total of 18 models this year, six more than 2020. They will include 11 super-sized models with 70-inch or bigger screens in the Korean market.Their wholesale prices will be cut by 20 percent compared to models launched in 2020. Based on 65-inch models, the price of the G series dropped from 5.6 million won to 4.6 million won, that of the C series from 5 million won to 4.1 million won, and that of the B series from 4.7 million won to 3.8 million won.The G Series (model name: 77/65/55G1), nicknamed “the OLED gallery TV,” has been officially named “the OLED evo.” They use next-generation OLED panels. The G Series models show the highest performance among its peers and exquisite design and will hit the market sequentially starting from March. The C Series (model names: 83/77/65/55/48C1) will be released earlier than other models. They were chosen as the best TV products at CES 2021. LG Electronics will release 65-inch and 55-inch models of the C Series first as they enjoy the highest demand.The Korean TV giant will also release an 83-inch OLED TV model, the largest among its OLED TV lineup.LG Electronics will also release the B Series (model names: 77/65/55B1) and the A Series (77/65/55/48A1) to expand the scope of choice for customers.

LG Display is down 5.05% to 10.52

I guess knowbody knows that the Iphone 13 screens are produced by this company, go figure.....

Omdia: LG Display holds a 92.5% share of the Automotive AMOLED marketMarket research company Omdia estimates that LG Display held a 92.5% share in the automotive AMOLED panel market in 2020, in terms of sales. Samsung Displays accounted for 6.9% and BOE 0.6%.OMDIA estimates that the total AMOLED automotive market in 2020 was 240,000 units, and says that the market will experience a fast growth of 60% CAGR to reach 4.4 million units in 2025.LG Display had P-OLED design wins with high-end cars from Cadillac and Mercedes-Benz. The company started developing AMOLED technologies for the automotive market back in 2014, and it is now enjoying its market lead and aims to increase its sales into the automotive market. Samsung Display is also seeking to expand its market share, and has been supplying OLEDs to Audi and has recently announced a design win for Hyundai's IONIQ 5.Source: Business Korea

OLED (Universal Display Corporation) Beats Earnings! Good For LG Display!!!!

LG to increase 48-inch OLED TV panel production to 1 million units in 2021According to a new report from Korea, LG Display is enjoying high demand for its 48-inch OLED TV panels, especially from gamers, and the company aims to expand its production of such panels.LGD currently produces the panels at its new Guangzhou OLED TV fab, in which it uses one 8.5-Gen glass plate to produce two 77-inch panels and two 48-inch panels. It now plans to start making 48-inch displays in its Paju OLED TV fab, where it will cut one 8.5-Gen plate to 8 48-inch panels.It is estimated that LGD will ship over one million 48-inch panels this year, up from 220,000 in 2020.Interestingly, the high demand for 48-inch panels caused an unusual situation where sometimes 55-inch OLED TVs cost less than a 48-inch OLED TV of the same model - because TV makers are offering discounts for the 55-inch models but not the 48-inch ones.Source: Chosun

LG Display reached a 52 Week high at 11.18

and trade at $10

So interesting, they are linked to Apple "LG Display will expand the production rate of its organic light emitting diode (OLED) panel factory lines dedicated to Apple" for Iphone #13

LG Display expands OLED facilities in Vietnam... 830 billion additional investmentFirst Entry 2021-02-08 11:36:59BigsmallIt is reported that LG Display has decided to significantly expand organic light-emitting diode (OLED) facilities by investing an additional KRW 830 billion in a module assembly plant in Hai Phong city in northern Vietnam.According to local media such as Vietnam News Agency (VNA) on the 8th, Hai Phong City granted an additional investment of $750 million (about 838.8 billion won) to LG Display the day before.As a result, LG Display's total investment in Vietnam will increase to 3.25 billion dollars (about 3.63 trillion won).It is known that LG Display will significantly expand its OLED production facilities in its existing module assembly plant as early as next month.In addition, it is reported that it will select an additional 5,000 local employees by next year.A local source said, "I know that LG Display has decided to expand production facilities in its existing factory, seeing that the OLED display market will grow."

Apple ZCar Announced!!! LPL, big OLED supplier!!!

Mercedes' upcoming EVs to use a 56-inch flexible OLED displayMercedes announced that its upcoming EQS electric vehicle will adopt a large curved front display, 56-inch in size, called the MBUX Hyperscreen.This is a flexible OLED display, that will stretch over the entire width of the car. Note that the OLED itself is not 56-inch in size, this display embeds what seems to be 3 different OLED displays. The 56-inch glass also includes holes for the air-vents which are integrated into the display. The whole system is powered by 8 CPU cores, 24 GB of RAM and AI software that learns your habits.Mercedes did not yet unveil the EQS or detail its pricing and availability, but it should be announced later in 2021.Mercedes is likely to be using LG Display's OLEDs, as the two companies have been working together since around 2016.Source: OLED-info

9billion company 12 trillion revenue? holy cow

LG Display reports stronger profit on iPhone demand, rising panel prices4:37am ET, 01/27/2021 - Reuters* LG Display reports highest quarterly profit since 2017* Panel shipments for Apple's iPhone rise in Q4* LCD panel prices increase on stay-at-home TV demand (Adds earnings call comment on domestic LCD business)By Joyce Lee and Heekyong YangSEOUL, Jan 27 (Reuters) - South Korea's LG Display Co Ltd reported its highest quarterly profit in over three years on Wednesday, with help from increased shipments of Apple Inc's new iPhones.The Apple supplier posted an operating profit of 685 billion won ($622 million) in the fourth quarter of 2020, compared with a loss of 422 billion won in the same period a year earlier.It was the display panel firm's highest quarterly profit since the second quarter of 2017, and soundly ahead of market expectations for a 286 billion won profit, according to a Refinitiv SmartEstimate derived from 12 analyst estimates."As the global work-from-home situation continued in the fourth quarter, demand for TV and IT products remained strong," LG Display said in a statement.Shipments and prices of organic light-emitting diode (OLED) panels rose for both TVs and smartphones, while the strong earnings were helped by full-scale production at its Guangzhou OLED plant, the company said.Analysts highlighted increased shipments of OLED panels for Apple Inc's new iPhone 12 and higher prices for liquid-crystal display (LCD) panels. LCD prices rose on the back of growing demand for TVs from global consumers stuck at home due to the COVID-19 pandemic.Apple's iPhone shipments in the fourth quarter were likely up 21% on-year due to the strong performance of the iPhone 12, according to Counterpoint data.Stronger iPhone sales should spill over into LG Display's first quarter result, analysts said."The first half of the year is usually a seasonal down-cycle, but this year is different. It will continue to swing to profit, as iPhone 12 sales are expected to increase panel shipments by 1.5 to two times the amount a year earlier," said Kim Kwang-jin, an analyst at Yuanta Securities Korea.LCD panel prices should also remain high in the first quarter, he said.LG Display, which had previously said it planed to halt domestic production of LCD TV panels by 2020, said in an earnings call on Wednesday that it will be flexible on domestic production based on market conditions this year.A power outage in Nippon Electric Glass' (NEG) Japan-based glass manufacturing facility in December may affect LG Display's first-quarter shipments, as about 80% of its glass came from NEG in the first half of 2020, analysts said.But the lower supply of large-sized glass could further lift panel prices in the first quarter, offsetting the impact of any fall in shipments, they added.Revenue rose 16% to 7.5 trillion won, LG Display said in a regulatory filing.Its shares fell 5% on Wednesday compared with a 0.6% drop in the wider market, which analysts put down to profit-taking. The stock has still gained some 63% since the start of November.($1 = 1,101.0000 won) (Reporting by Joyce Lee and Heekyong Yang; Editing by Chris Reese, Richard Pullin and Kim Coghill)

LG Display reached a 52 Week high at 10.64

One of the best performers in my portfolio, but sadly one of my smallest positions! Might have to start changing that...

In Korean Stock market, LG display increased for 10% today. Good news :)

LG Display reached a 52 Week high at 9.76

LGD's new panels have new emitting materials and an additional "layer" to increase efficiency. Hopefully, one of the AV sites will find out what the new layer means.LG Display’s new 77-inch OLED display shows significant progress in picture quality through newly developed and highly efficient materials as well as the addition of a layer to the display, thereby improving its efficiency by around 20%. Higher efficiency means that the display improves its brightness to realize more vivid images.

LG OLED TV lineup for 2021 (LG Electronics)LG Electronics on Sunday unveiled its full lineup of TVs for 2021, including the first 83-inch organic light-emitting diode TV model with advanced self-emissive lights, to cement its leadership in the growing OLED TV market.Dubbed “OLED evo,” the new model features an upgraded OLED panel that boasts better contrast ratios and picture quality due to improved lights.It marks the third advancement in LG’s OLED TV technology since its launch in 2013. LG announced 4K High Dynamic Range OLED in 2015 and 8K OLED in 2019.The company will release the first 83-inch OLED model this year, projecting that the size of the global OLED TV market would double from last year.LG will have a total of seven OLED TV models that are over 70 inches this year, up from four last year.This year, all OLED TV models will use panels that reach 100 percent in color fidelity, certified by Intertek, the company said.Along with the OLED lineup, LG is offering an enhanced lineup of liquid crystal display TVs, including the NanoCell and QNED Mini LED.The company announced the new QNED Mini LED model late last year, describing it as the most advanced LCD TV technology that uses about 30,000 LEDs and 2,500 dimming blocks for an 8K model.It plans to release 10 QNED TV models including 4K and 8K globally this year.LG also said it has strengthened the Alpha 9 processor by developing the fourth generation edition for 2021 models.The latest chip has adopted a deep learning algorithm developed through analyzing more than 1 million clips of video data and 17 million files of voice data, which would upgrade the TV’s graphic and data processing capabilities overall.The 8K OLED TV will feature the 8K-specialized Alpha 9 processor, the company said.LG has updated its TV software platform to better provide customized content for individual users.The webOS 6.0 will offer sport games alert, instant item search and shopping for models to be released in select countries.By Song Su-hyun