LG Display - iPhone-Zulieferer - 500 Beiträge pro Seite

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LG Display warnt nach Gewinn-Verdoppelung vor Preisverfall
Donnerstag, 22. Juli 2010, 10:58 Uhr


Seoul (Reuters) - Der weltweit zweitgrößte Hersteller von LCD-Monitoren LG Display hat dank einer robusten Nachfrage nach Flachbildschirmen seinen Gewinn mehr als verdoppelt.

Operativ betrug das Plus im zweiten Quartal 726 Milliarden Won (umgerechnet rund 473 Millionen Euro) nach revidierten 229 Millionen Euro im Vorjahreszeitraum, wie das südkoreanische Unternehmen am Donnerstag mitteilte. Damit lag die Firma im Rahmen der Markterwartungen. Gegenüber dem Vorquartal schrumpfte der Gewinn allerdings um acht Prozent, weil weniger Flachbildschirme als erwartet anlässlich der Fußball-Weltmeisterschaft abgesetzt wurden.

Eine starke Nachfrage aus China und Engpässe bei Komponenten hatten die LCD-Preise in den vergangenen Monaten angeschoben. Seit Juni gehen sie allerdings zurück und dürften sich negativ auf das Gewinnwachstum auswirken. "Wir starten in das dritte Quartal mit Unsicherheiten, darunter die Finanzkrise in Europa und die (hohen LCD-) Lagerbestände", sagte Finanzvorstand Jung Ho Young. Die Nachfrage werde anziehen, die Preise dürften jedoch schrittweise weiter fallen. Von September an, wenn das Problem der vollen Lager angegangen sei, könnten sie sich aber wieder stabilisieren oder erholen.

LG Display-Aktien gingen vor Veröffentlichung der Zahlen mit einem Minus von drei Prozent aus dem Handel.

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10:43|
LG Display

iPad-Zulieferer ist bei Produktion im Verzug

Der Hersteller von LCD-Monitoren kommt bei der Herstellung von Displays für das iPad nicht hinterher. Der Verkaufsstart in weiteren Ländern ist in Gefahr.

Der weltweit zweitgrößte Hersteller von LCD-Monitoren LG Display kommt bei der Produktion für Apples iPad nicht mehr hinterher. „Die Nachfrage wächst weiter und wir können sie nicht komplett erfüllen“, sagte Vorstandschef Kwon Young Soo. Eine Ausweitung der Produktionskapazitäten werde erwogen, doch könnte es bis Anfang kommenden Jahres Engpässe in der Zulieferkette geben. Wegen dieser Probleme müsse Apple den Verkaufsstart in einigen Ländern möglicherweise verschieben, sagte Kwon weiter.

Für Freitag war der iPad-Verkaufsstart in neun weiteren Märkten geplant. Damit ist der Tablet-Computer nunmehr in 19 Ländern in den Läden. Anders sieht die Lage bei Komponenten für Fernsehgeräte aus. Die Produktion laufe derzeit auf vollen Touren, doch angesichts einer schwachen Nachfrage vonseiten der Hersteller werde erwogen, sie im kommenden Monat zu drosseln, fügte Kwon hinzu.

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Antwort auf Beitrag Nr.: 39.860.157 von R-BgO am 22.07.10 11:48:28

SEOUL, Korea – July 22, 2010 – LG Display [NYSE: LPL, KRX: 034220], a leading innovator of TFT-LCD technology, today reported unaudited earnings results based on consolidated IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2010.



Mr. Young Soo Kwon, CEO of LG Display, noted “LG display’s technological prowess, including IPS(In-Plane Switching) technology which has gained widespread recognition from customers and markets, underpinned record high quarterly sales and stable results in the second quarter. We will continue to enhance customer value and reinforce our market presence with innovative technology and cutting edge products.”



Overall, the company shipped a total of 6.45 million square meters of display area in the second quarter of 2010 which represents an increase of 5% compared to the previous quarter. On a revenue basis, TFT-LCD panels for TVs, monitors, notebook PCs and mobile applications accounted for 53%, 23%, 19% and 5%, respectively, in the second quarter.



The average utilization rate in the second quarter of 2010 was almost 100%. Inventory days remained around two weeks.



The average selling price per square meter of display area shipped was USD 863, an increase of 3% compared to the first quarter of 2010.



With KRW 3,212 billion of cash and cash equivalents and 107% of liability to equity ratio as of June 30, 2010, the financial structure of the company remains stable.





Outlook



The following expectations are based on information as of July 22, 2010. The Company does not expect to update its expectations until next quarter’s earnings announcement. However, the Company reserves the right to update its full business outlook, or any portion thereof, at any time and for any reason.



LG Display expects total display area shipment in the third quarter of 2010 to increase by a low to mid teens percentage compared to the second quarter, and the average selling price per square meter of display area shipped is expected to decline gradually. However the ASP is expected to stabilize or rebound from around September.



Ref.) LG Display reported consolidated financial statements based on International Financial Reporting Standards (IFRS) from the first quarter of 2010. Figures for 1Q ‘ 10 and 2Q ‘ 09 shown in the press release are also based on IFRS.

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EMFIS.COM - Seoul 21.10.2010 (www.emfis.com) Der weltweit zweitgrößte Produzent von Flüssigkristallbildschirmen (LCDs), LG Display gab am Donnerstag bekannt, der Nettogewinn sei im dritten Quartal, gegenüber dem Vergleichszeitraum des Vorjahres, um 62 Prozent auf 224,19 Mrd. Won (198 Mio. USD) eingebrochen. Verantwortlich machte der Konzern hierfür den massiven Preisverfall bei LCDs im dritten Quartal. LG Display geht davon aus, dass der Trend auch im vierten Quartal weiter anhalten wird. Insbesondere zum Weihnachtsgeschäft wird von den meisten Experten ein neu entbrennender Preiskampf in der Branche erwartet.

Die Aktien von LG Display (KS:034220) fielen heute im Handel in Seoul um 1,98 Prozent auf 39.450,00 KRW.

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Moneycontrol » News » International Results
LG Display posts second straight quarterly loss
Published on Mon, Apr 18, 2011 at 12:00 | Source : Reuters
Updated at Mon, Apr 18, 2011 at 12:09

South Korea's LG Display, the world's No.2 LCD flat screen maker, posted its second consecutive quarterly loss on Monday, hit by tumbling panel prices and fragile demand from television and computer makers.

Panel makers are reducing production, led by Japan's Sharp Corp after the powerful earthquake last month, but demand from television and computer makers remains too weak to absorb even reduced supplies -- pressuring both panel prices and volume shipments.

A booming smartphone and tablet market will help LG Display, a key panel supplier for Apple's iPhone and iPad, return to a small profit this quarter, although a faster recovery will be delayed until demand from TV makers picks up, most probably later this year, analysts said.

LG expected on Monday that prices of TV panels would stop sliding and rebound from the mid second quarter, while its overall shipment volume of flat screens was likely to rise by late-teen percentage from the previous quarter.

LG Display, which competes with sector leader Samsung Electronics Co, Sharp Corp and Taiwan's Chimei Innolux, said January-March operating loss was 239 billion Korean won (USD 219.7 million) worse than a consensus forecast of a 123 billion won loss polled by Thomson Reuters I/B/E/S.

But the result was broadly in line with StarMine's SmartEstimates, which places more weight on recent forecasts by top-rated analysts and expected a downside surprise of 92 percent to 235 billion won in the first-quarter operating loss.

HSBC lowered its growth forecast for the global LCD TV market last week to below 10 percent this year, as most households in advanced countries have already traded their bulky tube TV sets to flat-screens.
In Japan, Sharp suspended production at two TV panel plants last week until early may due to slumping domestic demand for TVs and shortages of a gas used in panel production.

Shares in LG Display have tumbled about 9% so far this year, lagging a 4% gain in the wider market, which has hit a record high this month. Prior to the results, LG shares closed down 0.6% versus a 0.1% drop in the broader market. (USD 1 = 1088.000 Korean Won)

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http://www.elektroniknet.de/opto/news/article/87327/

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LG Display acquires most panel orders for new Apple products
Rebecca Kuo, Tainan; Alex Wolfgram, DIGITIMES [Thursday 25 October 2012]


LG Display (LGD) has acquired most of the panel orders for all Apple's new products which were announced on October 23 including the iPad mini, fourth-generation iPad, 13-inch MacBook Pro and 21.5- and 27-inch iMac models, according to industry sources.

Au Optrinics (AUO) also supplies panels for the iPad mini, said the sources.

On LGD's end, panels for the iPad mini are being made from In-Plane Switch (IPS) technology while AUO is using AHVA technology. AUO reportedly is having issues with producing the panels and is being allocated a much lesser proportion of shipments for the iPad mini as a result, added the sources.

LGD also provides tablet panels to Google, LG, Sony, Amazon, HP, Dell and many other tablet makers, making it the number one provider for tablet panels in the market, said the sources.

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LG Display still supplies most panels for iPad mini, say sources
Aaron Lee and Max Wang, Taipei; Jessie Shen, DIGITIMES [Friday 23 November 2012]


LG Display (LGD) is still the largest supplier of panels used in Apple's recently-launched iPad mini, as AU Optronics (AUO) continues to suffer from poor yields in the production of panels for the devices, according to industry sources.

LGD and AUO have both been pinpointed as the main display suppliers for Apple's iPad mini, which was announced in October, the sources indicated. About four million panels were shipped for the iPad mini in November, the sources said. And judging from shipments thus far, LGD is still supplying most of the panels for the iPad mini, the sources observed.

While LGD is capable of providing sufficient panels for the iPad mini, AUO has had difficulty improving its production yields of 7.9-inch panels used in the new device, the sources pointed out.

A recent IHS iSuppli report indicated that any display manufacturing and yield issues could impact the availability of the iPad mini for the remainder of 2012. The research firm identified AUO as the new supplier.

Meanwhile, Radiant Opto-Electronics and Coretronic produce backlight units (BLU) for the iPad mini, and are trying their best to satisfy demand, the sources continued.

Due to AUO's yield issues, industry observers expect the cumulative shipments of the iPad mini to reach 6-8 million units by the end of 2012. The observers originally estimated about 10 million units.

In other news, market sources have speculated that Apple is likely to introduce a next-generation iPad mini in the second half of 2013. The upcoming model might switch to a Retina display, the sources speculated.

For the existing iPad mini, panels produced by LGD are being made using the vendor's In-Plane Switch (IPS) technology, and those by AUO are being built with AHVA technology.

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SEOUL, Korea – 26 October 2012 –

LG Display [NYSE: LPL, KRX: 034220], a leading innovator of TFT-LCD technology, reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending 30 September, 2012.

w Sales in the third quarter of 2012 increased by 10% to KRW 7,593 billion from KRW 6,910 billion in the second quarter of 2012, and increased by 21% compared with KRW 6,269 billion in the third quarter of 2011.

w Operating profit in the third quarter of 2012 was KRW 253 billion. This compares with a loss of KRW 26 billion in the second quarter of 2012 and operating loss of KRW 492 billion in the third quarter of 2011.

w EBITDA in the third quarter of 2012 was KRW 1,441 billion, an increase of 39% from KRW 1,039 billion in the second quarter of 2012 and a year-on-year increase of 216% from KRW 456 billion in the third quarter of 2011.

w Net income was KRW 158 billion in the third quarter of 2012 compared with net loss of KRW 112 billion in the second quarter of 2012 and net loss of KRW 688 billion in the third quarter of 2011.

LG Display achieved record high quarterly sales and a turnaround mainly through an expanding portion of differentiated specialty products and some seasonal demand growth

“Although the macro-economic environment has been continually challenging, LG Display accomplished a turnaround and record high in quarterly sales through the strength of its differentiated specialty products such as FPR 3D, high resolution monitor panels and AH-IPS panels for smart devices,” said Dr. Sang Beom Han, CEO of LG Display. “With a focus on future display products such as UD TV, OLED TV and plastic OLED, we will continue to strengthen our leadership in the industry and maximize customer value.”

The company shipped a total of 9.17 million square meters of net display area in the third quarter of 2012, an increase of 7% quarter-on-quarter.

TFT-LCD panels for TVs, monitors, notebook PCs, tablet PCs, and mobile applications accounted for 47%, 16%, 13%, 15% and 9%, respectively, on a revenue basis in the third quarter.

With KRW 2,500 billion of cash and cash equivalents and 22% of net debt to equity ratio as of September 30, 2012, the financial structure of the company remains sound and stable.

Outlook

The following expectations are based on information as of October 26, 2012. The Company does not expect to update its expectations until next quarter’s earnings announcement. However, the Company reserves the right to update its full business outlook, or any portion thereof, at any time and for any reason.

“In the fourth quarter, LG Display’s profitability will continue to improve based on expanded sales of high-end specialty products as shipments for new smart devices increase in earnest,” said Mr. James Jeong, CFO of LG Display. “LG Display’s total display area shipment is anticipated to increase by a high-single digit percentage compared to the third quarter. Also overall prices will remain stable while fluctuations are expected for some products.”

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LG Display to inject US$788 million to expand OLED production, say reports
Alex Wolfgram, DIGITIMES, Taipei [Friday 27 June 2014]


LG Display has plans to invest US$788.1 million to increase OLED panel production capacity as part of its initiative to meet rising global demand, according to various Korea-based media reports.

The company aims to expand monthly production on 8G OLED panel production facilities to 34,000 input sheets at its facility in Paju, north of Seoul, during the second half of 2014. An input sheet is used for making six 55-inch TV panels, the reports said.

The reports also quoted LG Display CEO Han Sang-beom that the company is currently in discussion with China-based TV vendors Skyworth, Chang Hong and Konka over providing the technology.

Other reports have also recently stated that Panasonic is reportedly in talks with LG Display about purchasing OLED TV panels sized 55-inch and above and that Sony is considering as well.

Market observers hold conservative views about OLED TV development in 2014, and believe that shipments may only reach around 100,000 units due to high pricing.

Han stated however that LG is making improvements in increasing yields and lowering costs for OLED TV materials and panels. The CEO was also quoted as saying the OLED segment will become the mainstream of the global industry at fast pace, and that the company's OLED business will produce "significant" results by the end of 2015.

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Apple panel supply to come mainly from LG
Alex Wolfgram, DIGITIMES, Taipei [Tuesday 21 October 2014]


iPhone 6 panel supply will mainly come from LG Display and Sharp while that for iPhone 6 Plus will come from LG and JDI.

In terms of iPad Air 2 panels, supply will also come from LG but Samsung Display will also be responsible for limited supplies. Backlighting units (BLUs) used in the tablet will be supplied from Taiwan-based Radiant Optoelectronics but Korea-based makers are expected to further enter the supply chain in 2015.

For Apple's 27-inch iMac with Retina 5K and the Apple Watch, LG is expected to be the sole provider.

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LG Display reports 4Q14 results

Press release, January 29; Alex Wolfgram, DIGITIMES [Thursday 29 January 2015]

LG Display has reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2014.

Revenues in the fourth quarter of 2014 increased 27% to KRW8.34 trillion (US$7.62 billion) from KRW6.54 trillion in the third quarter of 2014 and up 18% from KRW7.079 trillion in the fourth quarter of 2013. Operating profit in the fourth quarter of 2014 was KR626 billion, an on-quarter increase of 32% from an operating profit of KRW474 billion and an on-year increase of 144% from the operating profit of KRW257 billion in the fourth quarter of 2013.

EBITDA in the fourth quarter of 2014 was KRW1.53 trillion, compared with EBITDA of KRW1.29 trillion in the third quarter of 2014 and with EBITDA of KRW1.12 trillion in the fourth quarter of 2013. Net income in the fourth quarter of 2014 amounted to KRW389 billion, an on-quarter increase of 10% from KRW354 billion in the third quarter of 2014 and an on-year increase of 448% from KRW71 billion in the fourth quarter of 2013.

LG said it posted its eleventh straight quarterly operating profit at KRW626 billion and quarterly revenues exceeding KRW8 trillion resulting from increased shipments reflecting a continual trend towards larger-size panels and new product launches in the small- to medium-size display segment through the peak season at the end of the year. Favorable pricing conditions, particularly for large-sized panels due to the above trend, also contributed to the improved results, the company said.

LG Display recorded an annual net income of KRW917 billion in 2014, an on-year increase of 119% from the net income of KRW419 billion in 2013. Annual revenues slightly decreased to KRW26.45 trillion compared with revenues of KRW27.03 trillion in 2013. The company expanded its portion of high value-added panels such as those for large-size, high-resolution TVs and mobile devices based on an efficient operational production strategy to proactively meet market demand. Accordingly, despite the decreased annual revenues due to the changes in the business structure towards increased Cell business, profitability improved.

In providing a return to the shareholders, LG Display declared a dividend of KRW500 per common share at the Board of Directors meeting held on the 27th of January. The decision will be finalized after approval at LG's forthcoming Annual General Meeting of Shareholders.

TFT-LCD panels for TVs accounted for 36% of revenues in the fourth quarter of 2014, mobile device panels for 23%, tablet PCs 19%, monitors 14%, and notebooks 8%.

With 95% in the liability to equity ratio, 122% in the current ratio, and 16% in the net debt to equity ratio as of December 31, 2014, the financial structure of the company remains stable, added LG.

Outlook

"Shipments in the first quarter of 2015 are expected to decrease by a mid-single digit percentage, less influenced by seasonality compared with other years, due to steady market demand and the company's efficient operational production strategy, while overall panel prices are expected to remain stable although they may vary by product segment," said Don Kim, CFO of LG Display. "LG Display expects an on-quarter decrease in profits given that the first quarter is an off season, but we're committed to continually enhance our profit competitiveness through technology differentiation and cost reductions."

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LG reaches over 65% yields for 4K OLED TV panels, says report

Amy Fan, Taipei; Alex Wolfgram, DIGITIMES [Thursday 11 June 2015]

LG Display has reached 65% yields for its Ultra HD (4K) OLED TV panels and expects the percentage to increase to over 85% by the end of 2015, according to a report from Korea-based ET News.

4K OLED TV panels sized 65- and 77-inch have now reached 65% yields and are climbing while Full HD OLED units are now over 80%. LG believes that yields will be 85% and over by the end of 2015, meeting its aim to reach 80-90% in late 2015 and into 2016.

LG is also pursuing inkjet printing technology for producing OLED TV panels at its M2 facilities, which it says will greatly reduce costs and increase yields for the technology, the report added.

4K OLED TV shipments are expected to reach 510,000 in 2015 followed by 1.29 million in 2016 and 5.07 million in 2018, the report added.

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Antwort auf Beitrag Nr.: 49.969.626 von R-BgO am 13.06.15 17:38:00

LG reportedly to achieve 80% yields for 4K OLED TV panels in 2015

Yansi Han, Taipei; Alex Wolfgram, DIGITIMES [Friday 7 August 2015]


LG Display is expected to increase yields for Ultra HD (4K) OLED TV panels to around 80% by the end of 2015 and further into 2016, thus decreasing costs heavily which should result in competitive pricing for OLED TVs in mid-2016, according to Korea media reports.

Full HD units sized 55-inch have already dropped from around US$4,281 on average in 2014 to US$2,574 in 2015 while 4K units have dropped from US$5,499 to US$4,499. As efforts increase to increase yields and lower production costs, LG is expected to increase 4K OLED TV shipments to 1.5 million in 2016.

OLED TV pricing is expected to remain double that of 4K TVs through 2016, which will influence the 120% on-year expected growth in Ultra HD TV shipments in 2015, according to Digitimes Research.

Market observers estimate that 4K LCD TV shipments will surpass 30 million in 2015.

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LG considering new 10G OLED production facilities, says report

Amy Fan, Taipei; Alex Wolfgram, DIGITIMES [Tuesday 18 August 2015]


LG Display will spend US$8.5 billion on developing OLED display technology throughout 2018, with investments possibly allocated to construction of a new 10G fab for large-size OLED TV panel production, according to a report from Korea-based D-Daily.

Following developments from China-based BOE, which recently decided to invest in 10.5G facilities, in addition to recent rumors stating Samsung Display will likely construct new 10G facilities to compete with Sharp and BOE, LG will likely join the competition with new 10G technology geared toward cutting OLED TV panels sized 60-inch and above.

The move would give LG a diversified edge in the large-size, higher-end TV market, the repot said. Recent media reports from Korea added LG is expected to increase yields for Ultra HD (4K) OLED TV panels to around 80% by the end of 2015 and further into 2016.

LG may however expand capacity and production output at 8G OLED facilities as the company is still under discussion for its market strategy over the next few years. Pursuing new 10G facilities could push total investments over the next three years above the US$8.5 billion mark, the report added.

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nachgekauft

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nicht gut:

China to dominate flat panel display manufacturing by 2018, says IHS
Press release, November 6; Alex Wolfgram, DIGITIMES [Friday 6 November 2015]

While conventional thin film TFT LCD displays are rapidly trending towards commoditization and currently suffering from declining prices and margins, China is quickly adding capacity in all flat panel display (FPD) manufacturing segments. Supported by financial incentives from local governments, China TFT capacity is projected to grow 40% per year between 2010-2018. In 2010 China accounted for just 4% of total TFT capacity. However by 2018, China is forecast to become the largest FPD-producing region in the world, accounting for 35% of the global market, according to IHS.

While China capacity expands, Japan, South Korea and Taiwan have restricted investments to focus mainly on advanced technologies. TFT capacity for FPD production in these countries is forecast to grow on average at less than 2% per year between 2010-2018.

BOE stands out as the leading producer of FPDs in China. With a capacity growth rate of 44% per year between 2010-2018, BOE will become the main driver for China share gains. By 2018, the company will have ramped up more FPD capacity than any other producers, except for LG Display and Samsung Display.

"Despite growing concerns of oversupply for the next several years in most parts of the display industry, there is still little evidence that China makers are reconsidering or scaling back their ambitious expansion plans," said Charles Annis, senior director at IHS. "On the contrary, there continues to be a steady stream of announcements of new factory plans by various regional governments and panel makers."

In China the central government has generally encouraged investment in FPDs, in order to shift the economy to higher technology manufacturing, to increase domestic supply and to support gross domestic product (GDP) growth. Provincial governments have become the main enabler of capacity expansion through product and technology subsidies, joint ventures and other direct investments, by providing land and facilities and through tax incentives. In return, new FPD fabs increase tax revenue, support land value appreciation, increase employment and spur the local economy. The economic benefits generated from the feedback loop between local governments, panel makers and new FPD factories are still considered sufficiently positive in China to warrant application of significant public resources.

"China currently produces only about a third of the FPD panels it consumes. However, by rapidly expanding capacity, panel makers and government officials are expecting to double domestic production rates in the next few years and are also looking to export markets," Annis said. "How excessive global supply, falling prices and lower profitability will affect these plans over time is not yet exactly clear. Even so, there is now so much new capacity in the pipeline that China will almost certainly become the top producer of FPDs by 2018."

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vorläufig geht's noch:

LG Display retains top spot in large-panel sector for 6th year
2015/11/17 08:34

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SEOUL, Nov. 17 (Yonhap) -- South Korea's LG Display Co. maintained its top position in the large-sized panel market for the sixth consecutive year, data showed Tuesday, coming in far above other South Korean and Taiwanese rivals.

LG shipped 39.4 million units of display panels 9 inches or higher in the July-September period with a share of 22.5 percent, the data compiled by industry tracker IHS showed. It marked the 24th consecutive quarter for LG to sit on the throne in the segment.

Its local rival, Samsung Display Co., followed with a 17.6 percent share, trailed by Taiwan-based Innolux Corp. and AU Optronics with 17.3 percent and 15.1 percent, respectively.

"While South Korean firms are still leading the display market, the rise of Chinese and Taiwanese players will intensify down the road," an industry source said.

"Thus, local companies must make active investments for the future, such as in the organic light-emitting diode (OLED) segment, to further expand their technology prowess over rivals," it added.

By sectors, Samsung Display outpaced LG Display in the TV market at 20.5 percent. As for the Ultra HD TV panel sector, their shares stood at 31.9 percent and 31.4 percent, respectively.

LG Display, however, defeated Samsung Display in the laptop panel market 27.2 percent to 17.2 percent.

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Yansi Han, Taipei; Alex Wolfgram, DIGITIMES [Thursday 19 November 2015]

LG Display to invest US$4 billion in new OLED fab, says report

LG Display plans to invest upwards of US$4 billion in new OLED facilities to meet expected market demand as of 2017 onwards, according to a new report from Korea-based Digital Times.

The report said LG is planning to invest as much as US$4.2 billion to construct new facilities named P10 in Paju, South Korea. The company will reportedly hold discussions in late November to finalize the decision as well as to decide on the fab generation.

LG has been ramping up production and investments in OLED to meet both upcoming demand for smartphone, tablet and TV applications in addition to growing LCD capacity from China makers, the report said.

The new fab is expected to go into production sometime between 2017-2018. Many rumors have stated the time frame falls in line with Apple's reported plan to switch to OLED panels but the report did not state whether this was indeed true.

Most industry analysts believe OLED costs are still too high to break out into mainstream applications but are expected to drop significantly around 2017.

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http://www.oled-info.com/lg-announce-plans-construct-new-87-…

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Apple close to sign an OLED supply deal with SDC and LGD?

Since Apple adopted a flexible AMOLED display for the Watch, people have been speculating that the company is also looking into using OLEDs for their smartphones and tablets. Reports that Apple is talking with both Samsung Display and LG Display regarding a future OLED display supply deal surfaced in past weeks.

A few days ago Reuters cited the Electronics Times saying that SDC and LGD are close to signing an agreement with Apple. The two display makers will invest $12.8 billion together to increase OLED capacity for Apple. Reuters says that Apple will likely provide some funding to LG and Samsung, and Samsung will get the larger share of the OLED volume.

It seems that these reports are getting more credible. As OLEDs are becoming better and better than LCDs, and as flexible OLEDs are entering the market and changing the design options for mobile phones, it's highly likely that Apple will have no choice but to switch to OLED eventually. Apple requires a huge production capacity - so it makes sense for Apple to talk to suppliers several years in advance.

According to Bloomberg, Apple recently opened a new laboratory in Taiwan where 50 engineers are developing new display technologies. Apple aims to develop new iPhone and iPad screens that are thinner, lighter, brighter and more energy efficient. Bloomberg says that Apple is focused on better LCDs - but is also "keen" to move to OLED displays.

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LG to reach 90% utilization for 4K OLED TV panels

Yansi Han, Taipei; Alex Wolfgram, DIGITIMES [Thursday 14 January 2016]


LG Display expects utilization rates for Ultra HD (4K) OLED TV panels to reach between 80-90% in 2016.

The company has already reached similar utilizations for Full HD OLED panels and expects 4K applications to rise by the end of 2015.

LG Display's OLED TV panel products are mainly equipped with RGBW M+ technology and shipments for the application are expected to reach between 18-20 million in 2016, with orders to China and Japan vendors increasing most noticably.

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LG Display Reports Fourth Quarter 2015 Results

SEOUL, Korea (Jan. 27, 2016) –

LG Display reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2015.



Revenue in the fourth quarter of 2015 increased by 5% to KRW 7,496 billion from KRW 7,158 billion in the third quarter of 2015 but decreased by 10% from KRW 8,342 billion in the fourth quarter of 2014.

Operating profit in the fourth quarter of 2015 recorded KRW 61 billion, a quarter-on-quarter decrease of 82% from an operating profit of KRW 333 billion in the third quarter of 2015, and a year-on-year decrease of 90% from the operating profit of KRW 626 billion in the fourth quarter of 2014.

EBITDA in the fourth quarter of 2015 was KRW 882 billion, compared with EBITDA of KRW 1,178 billion in the third quarter of 2015 and with EBITDA of KRW 1,532 billion in the fourth quarter of 2014.

Net loss in the fourth quarter of 2015 amounted to KRW 14 billion, compared with net income of KRW 198 billion in the third quarter of 2015, and with net income of KRW 389 billion in the fourth quarter of 2014.

LG Display announced its fifteenth straight quarterly operating profit at KRW 61 billion, and surpassed an annual operating profit of KRW 1,000 billion for three consecutive years based on its product differentiation and technology leadership amid falling panel prices due to global economic recession and the expanded supply by Chinese panel makers.

The company recorded annual revenue of KRW 28,384 billion, a year-on-year increase of 7% from KRW 26,456 billion in 2014, and annual operating profit of KRW 1,626 billion, a year-on-year increase of 20% from KRW 1,357 billion in 2014. EBITDA for 2015 was KRW 5,001 billion, and annual net income was KRW 1,023 billion, a year-on-year increase of 12% from KRW 917 billion.

Despite the significant panel price decline resulting from global economic recession and the expanded supply by Chinese panel makers, LG Display was able to continue its fifteenth straight quarterly operating profit through expansion of differentiated products such as Ultra HD TV panels, Advanced In-cell Touch (AIT) panels, and In-Plane Switching(IPS) panels.

The Board of Directors meeting decided on a dividend of KRW 500 per common share, in keeping with the previous year’s dividend. The decision is subject to the approval of the forthcoming Annual General Meeting of Shareholders in March.

LG Display will strengthen its market leadership by providing customers differentiated value with continuous investment for OLED market expansion and competitiveness enhancement.

TFT-LCD panels for TVs accounted for 34% of revenue in the fourth quarter of 2015, mobile device panels for 32%, tablet PCs and notebook PCs 19%, and monitors 15%.

With 78% in the liability-to-equity ratio, as of December 31, 2015, and decreased inventory asset to KRW 2,352 billion in the fourth quarter, compared with KRW 2,876 billion in the previous quarter, the financial structure of the company remains stable.

Mr. Don Kim, CFO of LG Display, said “Given the continuing economic uncertainty, we are not in a favorable situation to expect demand to recover in the first quarter of 2016. However, the company aims to sustain market credibility and create value focusing on differentiated technology competitiveness. We will continue preparing for the future of OLED and invest in differentiation including in new OLED facilities.”

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Digitimes Research: LG Display expanding AMOLED capacity

Tony Huang, DIGITIMES Research, Taipei [Wednesday 23 March 2016]

LG Display has decided to invest KRW10 trillion (US$8.63 billion) over the next three years to expand its AMOLED production capacity, mainly to set up P10 factory which can house more than six AMOLED production lines, according to Digitimes Research.

With the first phase to begin operations in the second half of 2018, P10 will become the world's largest production base for AMOLED TV panels, Digitimes Research indicated.

The investment includes KRW1.5 trillion to set up a 6G AMOLED production line with monthly capacity of 7,500 substrates, producing flexible AMOLED panels for use in automotive displays and smartphones.

LG Display's total AMOLED production capacity in 2018 will be 3.62 times the level in 2015, with 72% of the additional capacity to be used to produce OLED TV panels and 28% flexible AMOLED panels for automotive displays and smartphones.

LG Display has significantly hiked yield rates for OLED TV panels and AMOLED displays can offer market segmentation from TFT-LCD panels to secure profitability. The TFT panel market is facing strong competition due to large expansion of 8.5G capacities in China.

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=> Rangliste 2015 (in Mio.)
80 Samsung Display
76 BOE
41 Japan Display
38 Tianma Microelectronics
34 LG Display
27 AUO
23 Sharp
21 Innolux
340 von 440 insgesamt = 77%


lt. Sigmaintell

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Digitimes Research: Samsung Display, LG Display to keep expanding AMOLED capacities
Tony Huang, DIGITIMES Research, Taipei [Friday 24 June 2016]

Samsung Display and LG Display, in order to put pressure on competitors, has focused on AMOLED panels and will continue expansion of AMOLED production capacities, with combined AMOLED capacity to increase at a CAGR of 33.1% during 2015-2019, according to Digitimes Research.

The two companies' combined annual capacity for AMOLED panels will increase from 6.093 million square meters in 2015 to 19.1 million square meters in 2019, Digitimes Research indicated. If broken down by generation, combined annual AMOLED capacity at 8G and above factories will increase from 1.815 million square meters in 2015 to 7.079 million square meters in 2019, and at 4.5-6G factories from 4.278 million square meters to 12.021 million square meters.

Demand for smartphone-use AMOLED panels from Samsung Electronics and Apple alone in 2019 will exceed 420 million units. In addition to smartphones, AMOLED panels will be used in tablets, automotive displays and TVs.

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Apple supplier LG Display pivots towards OLEDs in face of slower iPhone sales, Chinese competition
By Roger Fingas
Wednesday, July 13, 2016, 06:59 am PT (09:59 am ET)


LG Display will boost its investment in OLED production, according to the company's CEO, in order to cope with being pinched by slowing iPhone sales and competition from Chinese panel suppliers.

Rivals are starting to make headway in the OLED market, said Han Sang Beom, quoted by Bloomberg. The executive admitted that LG is late to the field, but expects OLEDs to take off in the next few years.

"It's true that we were late in OLED investment for smaller electronics devices compared to that of televisions," he commented at an LG event. "It's undeniable that flexible OLEDs are now the mega-trend in the mobile segment and we will have to embrace that."

Han said that while OLEDs still account for less than 10 percent of LG Display's revenues, the company is considering gradually closing older LCD manufacturing lines, something its rival Samsung Display is already doing to switch over to OLEDs.

Samsung is rumored to be in exclusive talks with Apple about OLED supply, and could be set to ship panels as soon as 2017. That would align with reports that next year's iPhone will be a major redesign, with an edge-to-edge OLED or AMOLED display somehow integrating Touch ID and camera components.

LG will presumably miss out on supplying OLED screens for 2017 iPhones, but could be in a position to join the supply chain for 2018.

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LG Display Reports Third Quarter 2016 Results


SEOUL, Korea (Oct. 26, 2016) –

LG Display reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 2016.

Revenues in the third quarter of 2016 increased by 15% to KRW 6,724 billion from KRW 5,855 billion in the second quarter of 2016 and decreased by 6% from KRW 7,158 billion in the third quarter of 2015.

Operating profit in the third quarter of 2016 recorded KRW 323 billion, a quarter-on-quarter increase of 634% from the operating profit of KRW 44 billion in the second quarter of 2016, and a year-on-year decrease of 3% from the operating profit of KRW 333 billion in the third quarter of 2015.

EBITDA in the third quarter of 2016 was KRW 1,024 billion, compared with EBITDA of KRW 833 billion in the second quarter of 2016 and with EBITDA of KRW 1,178 billion in the third quarter of 2015.

Net income in the third quarter of 2016 amounted to KRW 190 billion, compared with the net loss of KRW 84 billion in the second quarter of 2016, and a year-on-year decrease from the net income of KRW 199 billion in the third quarter of 2015.

LG Display recorded its eighteenth straight quarterly operating profit at KRW 323 billion, which resulted from a differentiated strategy in technologies and products despite fierce competition among display manufacturers and a downwards trend in the exchange rate.

Under the growing trends for large-size panels as well as the rise in panel prices, LG Display increased revenues by 15% and operating profit by 634% quarter-on-quarter respectively by expanding the portion of differentiated and high value-added products such as Ultra HD and IPS panels to proactively meet market demands.

Panels for TVs accounted for 39% of the revenue in the third quarter of 2016, tablets and notebook PCs for 18%, mobile devices for 27%, and desktop monitors for 16%.

With 92% in the liability-to-equity ratio, 139% in the current ratio, and 19% in the net debt-to-equity ratio as of September 30, 2016, the financial structure of the company remains stable.

“The upwards trend of panel prices is expected to continue in the fourth quarter due to the growing trends towards large-size panels,” said Don Kim, CFO of LG Display. “In addition, profits in the fourth quarter are anticipated to further improve significantly, especially with the expected increase in prices for 40-inch and above-size panels, which LG Display has a higher portion of.”

He also added, “LG Display will maximize profitability with its differentiated technologies such as Ultra HD and IPS. As for OLED TVs, in which the company is aggressively putting efforts into improving productivity and reducing costs, we will improve profits by firmly establishing the premium TV market and by continuing efforts for expanding and diversifying customer base.”

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bis auf ein Erinnerungsstück verkauft;

ist mir zu sehr ein low-margin business mit schlechten Kapitalrenditen;

ggü. Einstand vor einem Jahr zumindest ein kleiner Gewinn

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LG Display 4Q16 net operating profit hits record
Rebecca Kuo, Tainan; Adam Hwang, DIGITIMES [Wednesday 25 January 2017]

LG Display has released its fourth-quarter 2016 financial report, with net operating profit of KRW904 billion (US$774 million) hitting a quarterly record.

TV panels accounted for 38% of the fourth-quarter consolidated revenues, mobile device applications 31%, tablet and notebook panels 17%, and monitor panels 14%, the company disclosed.

Consolidated revenues of KRW26.50 trillion and net operating profit of KRW1.31 trillion for the whole year of 2016 dropped 6.6% and 19.3% respectively on year.

LG Display expects shipments in first-quarter 2017 to decrease about 5% sequentially mainly due to continued shift of production from TFT-LCD panels to OLED. In addition to large-size OLED panels, LG Display will start producing small- to medium-size OLED units in 2017.

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LG Display announces KRW7.8 trillion OLED fab plans
Steve Shen, DIGITIMES, Taipei [Wednesday 26 July 2017]

LG Display (LGD) has announced plans to invest KRW 7.8 trillion (US$6.95 billion) to build two OLED lines in South Korea. Under the plans, it will make an up-front investment of KRW 2.8 trillion in a 10.5G (2,940mm x 3,370mm) large-size OLED production line at its P10 plant in Paju, Korea, where LGD's display cluster is located. The company will also invest KRW 5 trillion in a new 6G (1,500mm x 1,850mm) plastic OLED (POLED) production line in Paju.

Adding these new investments of KRW7.8 trillion onto its ongoing investment in OLED, LG Display will invest a total of KRW15 trillion into OLED production lines through 2020, thereby making its Paju display cluster the company's hub of OLED production, according toa company press release.

It said its decision on these large-scale investments came at a time when the company's newly-launched large-size OLED panels for TVs such as Wallpaper OLED and Crystal Sound OLED (CSO) are earning popularity in global markets. It said it is responding to a growing customer base for OLED TVs and public signage, and rapidly increasing OLED demand from the mobile and automotive markets.

LGD said it will also invest in a new 8.5G (2,200mm X 2,500mm) large-size OLED production line in Guangzhou, China, where the company is already running an LCD panel production plant. To this end, the company decided to establish a joint venture with total capital of KRW 2.6 trillion and will take a 70% share, worth KRW 1.8 trillion, in the joint venture.

With the smartphone display market continually shifting toward POLED, the POLED market size for smartphones is expected to reach 120 million units in 2017, increasing to 370 million units in 2020, LGD said. The flexible OLED market will also show CAGR of 63.2%, reaching 389 million units in 2020.

"We're clearly seeing the possibilities the OLED business offers, not only in the global TV segment, but also in the smartphone and automotive markets," said Sang-Beom Han, CEO and vice chairman of LGD, as cited in the company press release. "We plan to actively respond to customers' demands by expanding OLED capacity in a timely manner and developing diversified flexible displays that are fit for various applications."

LGD has reported quarterly operating profit of KRW804 billion for second-quarter 2017 despite the drastic decline in the exchange rate and the year's off-season, which caused reduced shipments of mid- and small-size panels, according to the company. The achievement was backed by the company's differentiated technologies and its focus on profitability based on the product mix for large-size Ultra HD TV panels and high-end IT panels.

The company registered KRW6,629 billion in revenues in the second quarter of 2017, an on-year increase of 13% from KRW5,855 billion. Panels for TVs accounted for 46% of the revenues in second-quarter 2017, mobile devices for 22%, desktop monitors for 17%, and tablets and notebook PCs for 15%.

Net income in second-quarter 2017 increased 8% to KRW737 billion, compared with net income of KRW 679 billion in first-quarter 2017, and an on-year turnaround from a net loss of KRW84 billion in second-quarter 2016.

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LG Display OLED expansion plans to affect global TV panel market
Rebecca Kuo, Tainan; Steve Shen, DIGITIMES [Thursday 3 August 2017]

Planned investments by LG Display (LGD) to expand its OLED panel production capacity will have a profound impact on the supply of OLED panels in the global TV market.

LGD plans to invest KRW2.8 trillion (US$2.484 billion) to build a 10.5G large-size OLED production line at its P10 plant in Paju, Korea and a further KRW1.8 trillion to set up an 8.5G OLED line in Guangzhou, China. It will also spend KRW5 trillion to establish a 6G POLED (flexible OLED) line also in Paju.

Adding these new investments of KRW9.6 trillion onto its ongoing investments in OLED, LGD's expenditure in OLED lines during the period starting second-half 2017 through to first-half 2020 will total KRW16.8 trillion, according to data compiled by Digitimes Research.

Thanks to the ongoing capacity ramps, LG Display's 8.5G OLED lines will have a production capacity of 60,000 substrates a month by the end of 2017, Digitimes Research indicated. The company's monthly capacity of 8.5G lines will be increased by another 60,000 substrates in 2019 when the Guangzhou plant kicks off official operations.

Meanwhile, the planned 10.5G OLED line at its P10 plant is slated for commercial runs in 2020 with at a rate of 30,000 substrates a month.

While already the largest supplier of large-size OLED panels, LGD will continue to maintain its leading market position in the segment for years to come due to its continued investments, said the sources.

However, LGD's heavy investments in OLED lines, particularly the planned 8.5G line in Guangzhou, will encourage other panel makers to also commit equity investments for building OLED TV panel capacity and hence will help increase the penetration rate of OLED TVs, commented the sources.

China-based BOE Technology and China Star Optoelectronics Technology (CSOT) reportedly are preparing to step into the OLED panel segment soon, said the sources.

Global shipments of OLED TV panels are expected to reach 1.6 million units in 2017, representing a penetration rate of 0.6%, according to China-based Sigmaintell Consulting. By 2020, OLED TV panel shipments are likely to hit four million units with a penetration rate of 1.6%.

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LG Display net profit grows 152% on year in 3Q17
Rodney Chan, DIGITIMES, Taipei [Wednesday 25 October 2017]

LG Display (LGD) has reported that its revenues in the third quarter of 2017 increased by 4% to KRW6,973 billion (US$6.19 billion) from KRW6,724 billion in the third quarter of 2016, and increased by 5% from KRW6,629 billion in the second quarter of 2017.

Operating profit in the third quarter of 2017 recorded KRW586 billion, a year-on-year increase of 81% from the operating profit of KRW323 billion in the third quarter of 2016 and a quarter-on-quarter decrease of 27% from the operating profit of KRW804 billion in the second quarter of 2017.

Net income for the quarter was KRW477 billion, a year-on-year increase of 152% from the net income of KRW190 billion in the third quarter of 2016 and a quarter-on-quarter decrease of 35% from the net income of KRW 737 billion in the second quarter of 2017.

LGD said its third-quarter 2017 revenues grew amid the expansion of OLED TVs in the market, and thanks to increasing production triggered by the high seasonality of mobile devices. Panels for TVs accounted for 40% of the revenues in the third quarter of 2017; mobile devices for 27%; tablets and notebook PCs for 17%; and desktop monitors for 16%, according to the company.

Despite the stagnation in the display industry, LGD has increased OLED TV panel shipments through expanding OLED production capacity. The companysaid it has also strengthened the foundation of its OLED business by proving OLED's differentiated value compared to LCD TVs.

"We expect area base panel shipments in the fourth quarter of 2017 to increase by a mid-single digit percent, quarter-on-quarter, thanks to high seasonality at the end of 2017 and thanks also to the demand in the Chinese New Year in early 2018," said Don Kim, CFO of LGD. "We also expect overall price erosion to slow down, though this will depend upon the supply-demand situations affecting each product category and each panel size."

He added, "LG Display plans to focus on investing in OLED products as part of its long-term preparation for the future. We will continue to maximize profitability in our differentiated LCD products, and will improve the profitability of the OLED business through expansion, under the conservative assumption that the challenging market situation will continue."

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Antwort auf Beitrag Nr.: 56.022.183 von R-BgO am 25.10.17 12:07:16

LG Display profit slumps in 4Q17
Rodney Chan, DIGITIMES, Taipei Tuesday 23 January 2018

LG Display has reported its net profit for fourth-quarter 2017 reached KRW44 billion (US$40.92 million), slumping 91% sequentially and 95% on year due to continued declines in panel prices and growing investment in the OLED business expansion.

Revenues for the fourth quarter of 2017 increased by 2% to KRW7,126 billion from KRW6,973 billion in the third quarter of 2017 and decreased by 10% from KRW7,936 billion in the fourth quarter of 2016.

Operating profit for the fourth quarter of 2017 came to KRW45 billion, down 92% sequentially and 95% on year, although the company aid it was its 23rd straight quarterly operating profit while surpassing KRW trillion in annual operating profit for the fifth consecutive year.

Despite intensified global competition in the industry and the continued decline in panel prices that started in the second half of 2017, LG Display said it achieved a record-high annual operating profit of KRW 2.5 trillion by expanding the portion of differentiated products such as large-size UHD TV panels as well as high-resolution and high-end IT panels.

LG Display said its OLED business saw its annual TV panel shipments increase to 1.7 million units by achieving stable productivity as well as expanding its customer base in the large-size OLED business. The company also started operation at its E5 production line, which produces small and mid-size OLED panels.

But the OLED expansion is partly to blame for its poor profitability in the fourth quarter.

"LG Display registered KRW7,126 billion in revenues in the fourth quarter of 2017, a quarter-on-quarter increase of 2% thanks to increased shipments of large-size LCD panels and OLED panels for TVs backed by seasonality," said the panel maker in a press statement. "The operating profit of LG Display in the fourth quarter decreased by 95% year-on-year and by 92% quarter-on-quarter due to the continued decline in prices and an unfavorable foreign exchange rate, as well as pre-emptive expenses in marketing and R&D for OLED business expansion in 2018 and some one-off expenses."

According to the company, panels for TVs accounted for 40% of revenues in the fourth quarter of 2017, mobile devices for 28%, tablets and notebook PCs for 18%, and desktop monitors for 14%.

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auf Basis des abgelaufene Ergebnisses mal wieder schreiend billig:

KGV 4 und KBV 0,55

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Antwort auf Beitrag Nr.: 57.947.700 von R-BgO am 09.06.18 09:53:55

deswegen mal wieder

Tradingposition aufgemacht

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Antwort auf Beitrag Nr.: 57.956.433 von R-BgO am 11.06.18 11:28:43

anscheinend

schlechtes Timing:


LG Display gets bumped on building long-term competitiveness
Rebecca Kuo, Taipei; Steve Shen, DIGITIMES Monday 13 August 2018

Long being a strong player in the LCD panel industry, LG Display (LGD) has suffered losses for two consecutive quarters recently and also lost out the top TV panel vendor title to China's BOE Technology, fueling speculation about what has happened to the Korea-based firm.

LGD's lukewarm performance comes at a time when rival companies including AU Optronics (AUO), Innolux and China Star Optoelectronics Technology (CSOT), are still operating profitably, albeit most on a much lower scale as compared to the records of a year earlier, as these firms apparently have managed to stave off the impact of steeply falling panel prices through the adjustments of product mix or production lines.

AUO posted net profits of NT$1.25 billion (US$40.655 million) or NT$0.13 per share on revenues of NT$75.05 billion in the second quarter of 2018. The results also represented a gross margin of 9.7%, operating margin of 2.8% and an EBITDA margin of 13.5%.

Innolux scooped up pre-tax profits of NT$1.103 billion on revenues of NT$66.5 billion for the second quarter of 2018, although the earnings were actually down 73.4% on quarter and 93.7% from a year earlier. The earnings translated into a pre-tax EPS of NT$0.01 for the quarter.

On the other hand, LGD saw its operating losses widen to KRW228 billion (US$203.6 million) in the second quarter of 2018 from the losses of KRW98 billion a quarter earlier, and the figures will look even worse as compared to an operating profit of KRW804 billion recorded a year earlier.

LGD's net losses for the second quarter reached KRW300.5 billion compared to net profits of KRW736 billion of a year earlier.

BOE has yet to announce its results for the second quarter of 2018 but most market observers believe that the company will report profits for the quarter.

BOE also managed to outrace LGD to become the top TV panel supplier in the second quarter of 2018, after having kicked off the commercial operation of its, as well as the world's, first 10.5G line in March focusing on 65-inch TV panels, and having received more orders for 32-inch panels driven by FIFA World Cup 2018 and increased the output from its 8.5G line in Fuqing, southern China.

But actually, LGD was not sitting there idle just watching rivals growing their prowess; instead, it has been trying to jack up sales revenues and profits by ramping up 75-inch panels while reducing 43-inch models from its 7.5G line, as well as to expand the production of 55- and 65-inch panels from its 8.5G fab at the expense of 49-inch models. Total panel ouput was reduced due to the realignment of product lines and consequently, LGD was dethroned by BOE in terms of unit shipments but still maintained its leading position in terms of area shipments.

In addition to steep falls of panel prices, reduced LTPS handset panel orders from Apple also affected LGD's earnings for the first half, as Apple had previously relied on LGD for the supply of LTPS panels for production of iPhone devices before adopting OLED panels for iPhone X. Since Apple is one of the top-two clients of LGD's LTPS handset panel besides its parent company LG Electronics, the reduction in orders from Apple has made LGD's LTPS production lines operate under capacity and therefore have incurred losses.

LGD's production of small-size OLED panels also has not been smooth as expected and has so far generated no profits; the company is also in a process to reduce shipments of small- and medium-size LCD IT panels as it moves toward the production of large-size and IPS models, but yields of such efforts are lower than expected due to unfavorable panel prices.

Despite the dismal performance in the first half of the year, LG Display expects an improvement in the third quarter driven by peak-season effects, with shipments, measured by area of panels, likely to increase 5% sequentially in the quarter, and hopefully to raise quotes for some size segments amid favorable price movements since July.

Meanwhile, prospects for the large-size OLED TV panels are improving after the company raised its quotes for 55-inch OLED UD panels by 5% to a range of US$590-600 per unit in May. In fact, LGD's OLED TV panel business line has begun making money as the 55-inch models account for a major portion of its total OLED panel shipments, according to industry observes.

As the yield rates of its OLED TV panel production lines have continued to improve along with advancements in manufacturing technology and the depreciation of its first-phase OLED production capacity ending in the third quarter of 2018, LGD will be able to further reduce the production costs of its OLED panels, which will be vital for the company to ramp up profits moving forward.

In the long run, the losses incurred by LGD in the first half of 2018 could be just bumps in the course of rebuilding its long-term competitiveness, so long as the company can roll out effective ways to address issues related to the production mix and client base of its LTPS product lines, while also ramping up shipments of its small-size OLED panels.

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Antwort auf Beitrag Nr.: 58.434.154 von R-BgO am 13.08.18 12:39:14

Samsung Display heaping pressure on LG Display in OLED automotive panel sector
Ricky Tu, DIGITIMES Research, Taipei Monday 17 September 2018

In spite of its status as one of the top-five suppliers of OLED automotive panels globally, LG Display is facing increasing challenge from Samsung Display, which is making headway in the field utilizing its superior production capacity, according to Digitimes Research.

The latest competition has seen Samsung Display unveil 12.4- and 14-inch CID (central information display) products as well as a steering wheel-use 6.22-inch flexible OLED panel. LG Display has rolled out OLED-based 12.3-inch dashboard and 15.4-inch CIDs.

The new offerings from the two firms are likely to push the development of automotive panels with their average sizes to move toward over 12 inches.

Since 2016, LG Display has signed contracts to supply OLED automotive panels with a number of automakers including Mercedes-Benz and Volkswagen, with shipments to Mercedes-Benz for its E- and S-class sedans to kick off in 2020.

However, Samsung Display has gained ground in the domestic Korea market by shipping OLED CIDs to Hyundai since May 2018, and its 5.7-inch Full HD OLED panels have also found their way to the touch panels of rear seat entertainment systems of Audi's fourth-generation A8 luxury sedan.

By the end of 2018, Samsung Display's production capacity of OLED panels under its sub-6G lines will be 7-fold higher than that of LG Display's, based on the substrate capacity of 6G fab.

Additionally, Samsung Display is to kick off new production lines at its A5 fab in Tangjeong in 2020, maintaining its advantage in terms of production capacity and putting more pressure on LG Display as it continues to enhance its deployment in the automotive panel sector.

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LG Display to ship 4 million OLED TV panels in 2018, says report
Yen Szu-han, Taipei; Steve Shen, DIGITIMES Tuesday 18 September 2018

Having shipped 1.3 million OLED TV panels in the first half of 2018, LG Display is likely to ship nearly four million units of such panels in the year, according to a Korea-based News1 Korea report.

Based on LGD's roadmap, the company plans to roll out 3.7-3.8 million OLED TV panels in 2018, almost doubling the 1.7 million shipped in 2017, said the report.

LDG has been exerting all-out efforts to build up its OLED capacity, with its P10 fab in Paju, which is to be completed at the end of 2018, to directly produce OLED applications, and its 8.5G OLED joint venture in Guangzhou, China to kick off production in 2019.

By 2020, LGD will ramp up its OLED panel production capacity to 130,000 units a month, up from 60,000-70,000 currently, said the report.

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2018 war jedenfalls ein Verlustjahr