LG Display Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by LG Display Co., Ltd. on October 8, 2008, covering the month of October 2008. The filing reports a material change regarding the establishment of a new affiliated company in China.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed is the paid-in capital for the new entity.
- New Entity Paid-in Capital: USD 9,910,000
Material Changes
LG Display Co., Ltd. established a new joint venture, Suzhou Raken Technology Co., Ltd., in Suzhou, China, on October 7, 2008.
- Representative Director: Kyong Sok Hwang
- Major Business: Production of LCD modules and TV sets
- Investor: LG Display Co., Ltd.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on outlook, specific risks, contingencies, or unusual items beyond the establishment of the new subsidiary.
Investor Verification Points
- Verify the operational timeline and production capacity of the new Suzhou Raken Technology Co., Ltd. facility.
- Confirm the ownership structure and capital contribution details of the joint venture.
- Assess the strategic impact of expanding LCD module and TV set production in the Suzhou region.