LG Display wants to produce 10M OLED TVs in 2021 [Seeking Alpha]
LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL)
US:NYSE Investor Relations:
ir.oled.com/shareholders/default.aspx
Company Research
Source: Seeking Alpha
LG Display wants to produce 10M OLED TVs in 2021LG Display (NYSE:LPL)wants to produce 10M OLED TV panels in 2021, which is six times more than the 1.7M produced last year.OLED TV sales accounted for half of LG’s high-end segment (items costing $2K or more) in 2017 and the company forecasts growth to 70% of the segment this year.SVP Lee Sang-hoon to Nikkei Asian Review: “We will be able to produce 10 million, or 20 million OLED TV panels easily as consumers are willing to pay for better products. We plan to produce 2.8 million this year, and aim to reach 10 million by 2021.”To ramp up production capacity, LG Display plans to invest $18B in OLED technology in the next two years.Global TV makers using LG’s OLED panels in premium products include Sony, Panasonic, and parent company LG Electronics.LG Display shares aredown 4.2% with the market slumping down due to the escalating US-China trade war.Previously:Tech stocks down as U.S., China reveal new tariffs (April 4)See all stocks on the
Show less
Read more
Impact Snapshot
Event Time:
LPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LPL alerts
High impacting LG Display Co, Ltd AMERICAN DEPOSITORY SHARES news events
Weekly update
A roundup of the hottest topics
LPL
News
- AR and VR Display Companies - Samsung Electronics (South Korea) and LG Display (South Korea) are the Key Players [Yahoo! Finance]Yahoo! Finance
- LG Display Co., Ltd. (NYSE: LPL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- LG Display Co., Ltd. (NYSE: LPL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- LG Surprisingly Turns To VA Panels For Premium 2024 LCD TVs - With Spectacular Results [Forbes]Forbes
- Global Flexible Display Market Size To Exceed USD 296.14 Billion By 2033 | CAGR Of 33.8% [Yahoo! Finance]Yahoo! Finance
LPL
Sec Filings
- 3/22/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/14/24 - Form 6-K
- LPL's page on the SEC website