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 November 2004. The registrant is a foreign private issuer based in Seoul, Republic of Korea, primarily engaged in the manufacturing of TFT-LCD panels.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the reporting period. The document focuses exclusively on a specific capital expenditure event.
| Metric | Value |
|---|---|
| Facility Investment Amount | KRW 5,297 billion |
| Investment Subject | 7th generation TFT-LCD fabrication plant (P7) |
| Investment Location | Paju city, Gyeonggi province |
| Decision Date | November 30, 2004 |
Material Changes
The primary material event reported is the Board of Directors' resolution on November 30, 2004, to proceed with the P7 facility investment. Construction for this project had already commenced in March 2004. The investment is planned to be implemented in phases.
Guidance, Outlook, and Risks
Outlook and Purpose: The stated purpose of the KRW 5,297 billion investment is to expand production capacity to meet anticipated market growth for TFT-LCD panels.
Financial Resources: Funding is expected to come from proceeds of the initial public offering and internally generated cash flow.
Risks and Contingencies: The filing does not explicitly detail specific risks or contingencies beyond the standard nature of phased capital implementation.
Investor Verification Checklist
- Verify the total capital expenditure commitment of KRW 5,297 billion for the P7 plant.
- Confirm the funding sources, specifically the reliance on IPO proceeds and internal cash flow.
- Monitor the phased implementation schedule, noting that construction began in March 2004.
- Review subsequent filings for actual financial performance metrics, as this document contains no operational results.