LG.Philips Displays

Type| Joint Venture
Industry| Consumer electronics
Fate| Bankruptcy
Founded| 2001; 25 years ago (2001)
Defunct| 2007; 19 years ago (2007)
Headquarters| Hong Kong[1]

Area served

| Worldwide

Key people

| Mr. Jeong IL Son(CEO), Mr. Paul Verhagen(CFO), Mr. Wiebo Jan Vaartjes(CSO), Mr. Soo Dyeog Han(COO)[2][3]
Products| Cathode Ray Tubes(CRTs), Deflection Yokes and related materials
Revenue|  US$2 Billion (2005)[4]

Net income

|  US$618 million (2005)[5]
Owner| LG Electronics, Philips

Number of employees

| 17,000 (2006)[6]
Website| LG.Philips Displays
LP Displays

Industry| Consumer electronics
Founded| 2007; 19 years ago (2007)
Headquarters| Hong Kong[7]

Area served

| Worldwide

Key people

| Mr. Jeong IL Son(CEO), Mr. Deok Sik Moon(CFO), Mr. JM Park(CSO), Mr. Soo Dyeog Han(COO)[8]
Products| Cathode Ray Tubes(CRTs), Deflection Yokes and related materials
Website| LP Displays

LG.Philips Displays was a joint venture created in 2001 by LG Electronics of South Korea and Philips Electronics of the Netherlands. It primarily manufactured CRTs used in traditional television sets.

These two companies also operated another joint venture, LG.Philips LCD, which focuses on LCD panels used in flat panel television sets and laptop computers.

As of 2006, the company had run into bankruptcy and restarted under the same name with investments of a third party (JP Morgan). LG.Philips LCD was not affected by this bankruptcy.

LG.Philips Displays shares were sold in the beginning of March 2007. The company name has been changed to LP Displays from 1 April 2007. LP is a historic reference to the old parent companies LG and Philips. Since, the fate of the company is unknown.

## References

1. ↑ "LG.PHILIPS Displays". 2005-10-23. Archived from the original on 2005-10-23. https://web.archive.org/web/20051023094911/http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm.
2. ↑ "LG.PHILIPS Displays". 2006-01-18. Archived from the original on 2006-01-18. https://web.archive.org/web/20060118102058/http://www.lgphilips-displays.com/english/corpinfo/management.htm.
3. ↑ "LG.Philips Display Unit Files Bankruptcy". https://www.photonics.com/a24205.
4. ↑ https://www.twice.com/news/lgphilips-lcd-revenue-slides-6-28902
5. ↑ https://www.twice.com/news/lgphilips-lcd-revenue-slides-6-28902
6. ↑ https://www.telegraph.co.uk/finance/2931965/LG-Philips-Displays-staff-will-be-affected-by-bankruptcy.html
7. ↑ "LG.PHILIPS Displays". 2008-01-04. Archived from the original on 2008-01-04. https://web.archive.org/web/20080104024952/http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm.
8. ↑ "LP Displays". 2007-12-05. Archived from the original on 2007-12-05. https://web.archive.org/web/20071205050753/http://www.lgphilips-displays.com/english/corpinfo/management.htm.

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LG Electronics

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* Zenith Electronics

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* GoldStar
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* Laptops and PC's: LG Gram
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* G
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Joint ventures, Current and Former|

* LG Philips LCD
* LG.Philips Displays

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