|Bid||6.72 x 900|
|Ask||6.83 x 1400|
|Day's Range||6.78 - 6.84|
|52 Week Range||5.08 - 9.81|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 26, 2017|
|1y Target Est||4.45|
The suspension of domestic LCD TV production comes after the company last year chopped its spending, replaced its long-time CEO and started a voluntary redundancy program. "We will be wrapping up our LCD TV production in South Korea by end of this year and focusing on our LCD TV production in China," CEO Jeong Ho-young said at the annual CES trade show in Las Vegas. In October, the South Korean Apple supplier said it planned to "downsize" two of its LCD TV panel production lines in South Korea and was looking into various options.
TV panel companies LG Display and AU Optronics are trading sharply higher after Morgan Stanley lifted its ratings on the stocks.
Further OPEC Production Cuts On the Way? OPEC is meeting in Vienna today and on the docket is more production cuts. There is higher uncertainty than usual regarding whether OPEC members are all on the same page regarding production cuts, or whether any of them will break away from Saudi Arabia’s de facto leadership of […]The post Market Morning: More OPEC Cuts, GM LG Battery Team-Up, Germany Sputters, Repo Confusion appeared first on Market Exclusive.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]
Moody's Investors Service says that LG Display Co., Ltd.'s (LGD) weak third quarter results do not have an immediate impact on LG Electronics Inc.'s (LGE) Baa3 issuer rating or the stable outlook on the rating. LGD is 37.9% owned by LGE.
South Korea's LG Display Co Ltd will chop its spending by 500 billion won ($427 million) and revamp its older LCD TV production lines after falling to a third-quarter loss, it said on Wednesday. Hurt by lower liquid crystal display (LCD) panel prices, the Apple Inc supplier has replaced long-time CEO Han Sang-beom and started a voluntary redundancy program as part of a cost-cutting drive. LG Display, which has posted three consecutive losing quarters, is going through "structural reforms at zero base", Chief Financial Officer Suh Dong-hee said on an earnings call.
SEOUL, South Korea, Sept. 25, 2019 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it will launch an OLED TV Tour to showcase how the cutting-edge OLED technology enhances the consumer TV-watching experience at select Best Buy stores. Starting today and lasting through February 2020, the grand tour is designed to help consumers experience the value of OLED up close, thereby bringing its cutting-edge OLED technologies to America's doorstep and further expanding the OLED TV market. "We are excited to introduce state-of-the-art OLED products to Best Buy consumers in their own neighborhoods to provide them with an in-depth OLED experience," said KJ Kim, Vice President and Head of Global OLED Promotion at LG Display.
South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy programme for its domestic production line employees amid mounting financial losses. The company did not put a figure on how many of its around 23,000 South Korean production line workers it hoped would take up its offer. LG Display has been struggling with a global supply glut in liquid-crystal displays (LCDs) used in television sets, which has pushed down prices.
South Korea's LG Display Co Ltd on Monday said it has named LG Chem President Jeong Ho-young as its new chief executive officer. LG Display, a supplier to Apple , said in a statement that Chief Executive Han Sang-beom offered to step down over mounting losses. LG Display has been struggling with a global supply glut in liquid-crystal displays (LCDs) used in television sets, which has pushed down prices.
LG Display Co Ltd on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on display-making materials bound for South Korea. Japan this month placed restrictions on the export to South Korea of three high-tech materials used particularly in making chips and displays, in a move widely attributed to a dispute about their shared wartime past. The restrictions - which essentially add paperwork and delays to the materials' export - have the potential to disrupt the global tech industry as Korea is home to some of the world's largest chipmakers and best-known consumer electronics brands.