LG Display Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on November 3, 2009, reports an amendment to a prior decision regarding an equity investment by LG Display Co., Ltd. The filing pertains to the formation of an overseas manufacturing base in China.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics for the reporting period. It focuses exclusively on the capital structure of a proposed joint venture.
| Metric | Value |
|---|---|
| Planned Paid-in Capital (Joint Venture) | KRW 1,585 Billion |
| LG Display Investment Amount | KRW 1,110 Billion |
| LG Display Shareholding Ratio | 70% |
Material Changes
This document amends a decision originally filed on October 14, 2009. The primary change is the formalization of the investment details for the joint venture, LG Display (China) Co., Ltd., which will manufacture and sell TFT-LCD products.
Outlook, Risks, and Contingencies
- Timeline: The equity investment is planned for during 2010.
- Contingencies: The investment amount and date are subject to change.
- Regulatory Risk: The joint venture and its total investment amount remain subject to approval from relevant governmental authorities.
Key Facts for Investor Verification
- Confirmation of governmental approval for the KRW 1,585 Billion joint venture in China.
- Finalization of the investment date and amount, as both are currently subject to change.
- Progress on the establishment of the overseas manufacturing base for TFT-LCDs.