Key Developments: LG Display Co Ltd (LPL)
12.93USD
24 May 2013
$-0.27 (-2.05%)
$13.20
$13.06
$13.09
$12.88
575,941
718,591
$16.80
$8.41
Latest Key Developments (Source: Significant Developments)
LG DISPLAY Co Ltd to Invest KRW 706,300 Million in New Facilities
LG DISPLAY Co Ltd announced that it will invest KRW 706,300 million in production facilities of organic light emitting diode panel, during the period of February 15, 2013 to June 30, 2013, to improve providing capability. Full Article
LG Display Co Ltd. Sells Stake in Silicon Works Co Ltd
Silicon Works Co Ltd announced that LG Display Co Ltd. has sold 1,644,360 shares of Silicon Works Co Ltd, equivalent to a 10.11% stake. After the transaction, LG Display's stake in Silicon Works Co Ltd has decreased to 2.89% from 13%. Full Article
LG Display Co Ltd. to Invest in New Facilities
LG Display Co Ltd. announced that it will invest KRW 1,200,800 million in new facilities to increase the production during the period from July 25, 2012 to December 31, 2013. Full Article
LG Display Co Ltd. Pays In LCD Price Fixing Settlement-Dow Jones
Dow Jones reported that LG Display Co Ltd. has agreed to pay the sum among defendants to settle a U.S. case in which it and numerous other manufacturers were accused of price fixing in the liquid crystal display market. LG Display was one of three defendants who agreed to settle the class action case before the U.S. District Court, Northern District of California, San Francisco Division, according to court documents. Full Article
LG Display Co Ltd. Acquires Stake in Silicon Works Co Ltd
Silicon Works Co Ltd announced that LG Display Co Ltd. has acquired 2,114,360 shares of Silicon Works Co Ltd, representing a 13.00% stake. Full Article
BrandsMart Sues Samsung Electronics, LG Display Co Ltd., AUO, Toshiba Among Others For Alleged Price Fixing-DJ
Dow Jones reported that Electronics retailer BrandsMart USA Inc. has filed a lawsuit with the U.S. federal court in Florida against a slew of Asian flat panel makers, including Samsung Electronics Co., Ltd., LG Display Co. Ltd., AU Optronics Corp. and Toshiba Corp., for allegedly fixing the prices of liquid crystal displays. The listed companies have formed an 'international cartel' to eliminate competition and fix the prices of LCD panels used in consumer electronics, ranging from cell phones to televisions, from 1996 to 2006, according to a court filing in the U.S. 'During the relevant period, the conspiracy affected billions of dollars of commerce throughout the United States.' About 35 companies, including units of some of the LCD makers, are named as defendants in the lawsuit. Full Article
Seoul shares dip on weak yen, LG Display higher
SEOUL, April 23 - South Korean shares dipped on Tuesday as concerns about the weakening yen, which came close to the symbolic 100 yen/dollar level on Monday, took a toll on the share price of exporters.
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