Business Context and Reporting Period
This Form 6-K filing by LG.Philips LCD Co., Ltd. (now LG Display Co., Ltd.) covers the month of September 2005, with a specific reporting date of September 7, 2005. The registrant is a foreign private issuer based in Seoul, Republic of Korea, and files annual reports under Form 20-F.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate structural change rather than financial performance results.
Material Changes
The primary material event reported is the establishment of a new overseas subsidiary:
- Entity Name: LG.Philips LCD Poland Sp. z o.o.
- Relationship: Newly established subsidiary of LG.Philips LCD and an affiliated company of LG Group.
- Business Activity: Manufacturing of TFT-LCD Modules.
- Ownership: 100% owned by LG.Philips LCD Co., Ltd.
- Capitalization: Paid-in capital of 50,000 Zloty as of the establishment date.
- Leadership: Chang Ho Choi appointed as Representative Director.
- Establishment Date: September 6, 2005.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to disclose the change in affiliated company status as required by home country regulations.
Investor Verification Checklist
- Confirm the operational status and production timeline of the new Poland subsidiary.
- Verify the strategic rationale for expanding TFT-LCD module manufacturing into the Polish market.
- Monitor future filings for financial impact related to the capitalization and operations of the new entity.