S.Korea's LG Display says China approves its OLED factory plan [Reuters]
LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL)
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Source: Reuters
S.Korea's LG Display says China approves its OLED factory plan | Reuters Reuters Staff 1 Min Read SEOUL, July 10 (Reuters) - South Korean LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China has been approved by the Chinese government, a company spokeswoman said on Tuesday. The new China production facility will be established through a joint venture with 2.6 trillion won ($2.33 billion) in capital, of which LG Display will hold a 70 percent share. In December 2017, South Korea’s trade ministry gave a go-ahead to the display panel maker’s plan. LG Display is the world’s No. 1 LCD maker for televisions and also manufactures nearly all large OLED screens for televisions globally. ($1 = 1,114.6000 won) (Reporting by Heekyong Yang; Editing by Muralikumar Anantharaman) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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News
- LG Display: Consider Potential Results Miss And Favorable Developments [Seeking Alpha]Seeking Alpha
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- LG Display Co., Ltd. (NYSE: LPL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
LPL
Sec Filings
- 4/1/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 6-K
- LPL's page on the SEC website