LG Display Files 6-K, Former Name Revealed
Ticker: LPL · Form: 6-K · Filed: Mar 8, 2024 · CIK: 1290109
Sentiment: neutral
Topics: corporate-filing, foreign-private-issuer, company-name-change
Related Tickers: LPL
TL;DR
LG Display (LG.Philips LCD) filed a 6-K on 3/8/24. Nothing major, just corporate housekeeping.
AI Summary
LG Display Co., Ltd. filed a Form 6-K on March 8, 2024, to report information as a foreign private issuer for the month of March 2024. The filing indicates the company previously operated under the name LG.Philips LCD Co., Ltd. before changing its name on May 12, 2004. The company is incorporated in M5 and its fiscal year ends on December 31.
Why It Matters
This filing provides routine updates for LG Display as a foreign private issuer, including historical company name changes, which can be relevant for understanding corporate lineage and potential past liabilities or agreements.
Risk Assessment
Risk Level: low — This is a routine filing for a foreign private issuer and does not contain any new financial disclosures or significant corporate events.
Key Players & Entities
- LG Display Co., Ltd. (company) — Registrant
- LG.Philips LCD Co., Ltd. (company) — Former company name
- March 8, 2024 (date) — Filing date
- May 12, 2004 (date) — Date of name change
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to report information as a foreign private issuer for the month of March 2024, as required by the U.S. Securities and Exchange Commission.
What was LG Display Co., Ltd.'s previous name?
LG Display Co., Ltd.'s previous name was LG.Philips LCD Co., Ltd.
When did LG Display Co., Ltd. change its name?
LG Display Co., Ltd. changed its name on May 12, 2004.
What is the fiscal year end for LG Display Co., Ltd.?
The fiscal year end for LG Display Co., Ltd. is December 31.
Does LG Display file its annual reports under Form 20-F or Form 40-F?
LG Display files its annual reports under Form 20-F.
Filing Stats: 4,302 words · 17 min read · ~14 pages · Grade level 19.6 · Accepted 2024-03-08 07:12:56
Filing Documents
- d788632d6k.htm (6-K) — 1764KB
- 0001193125-24-062886.txt ( ) — 1765KB
From the Filing
Form 6-K Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2024 LG Display Co., Ltd. (Translation of Registrants name into English) LG Twin Towers, 128 Yeoui-dearo, Youngdungpo-gu, Seoul 07336, Republic of Korea (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrants security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. YesNo Table of Contents Submission of Audit Report 1. Name of external auditor: Samjong Accounting Corporation (KPMG) 2. Date of receiving external audit report: March 7, 2024 3. Auditors opinion FY 2023 FY 2022 Audit Report on Separate Financial Statements Unqualified Unqualified 4. Financial Highlights of Separate Financial Statements Items FY 2023 FY 2022 Total Assets 29,732,412,226,019 29,259,038,774,363 Total Liabilities 24,050,857,799,308 21,908,600,089,288 Total Shareholders Equity 5,681,554,426,711 7,350,438,685,075 Capital Stock 1,789,078,500,000 1,789,078,500,000 Revenues 19,811,014,881,090 24,131,171,938,572 Operating Income -3,884,121,296,089 -3,201,463,387,452 Ordinary Income -2,632,114,468,426 -3,414,516,859,331 Net Income -1,718,701,175,934 -3,191,386,595,440 Total Shareholders Equity / Capital Stock 318 % 411 % Table of Contents LG DISPLAY CO., LTD. Separate Financial Statements For the Years Ended December 31, 2023 and 2022 (With Independent Auditors Report Thereon) Table of Contents Contents Page Independent Auditors Report 1 Separate Statements of Financial Position 5 Separate Statements of Comprehensive Loss 6 Separate Statements of Changes in Equity 7 Separate Statements of Cash Flows 8 Notes to the Separate Financial Statements 10 Independent Auditors Report on Internal Control over Financial Reporting 104 Report on the Operation of Internal Control over Financial Reporting 106 Table of Contents Independent Auditors Report Based on a report originally issued in Korean To the Shareholders and Board of Directors LG Display Co., Ltd.: Opinion We have audited the accompanying separate financial statements of LG Display Co., Ltd. (the Company), which comprise the separate statements of financial position of the Company as of December 31, 2023 and 2022, the related separate statements of comprehensive loss, changes in equity and cash flows for the years then ended, and notes to the separate financial statements comprising material accounting policies and other explanatory information. In our opinion, the accompanying separate financial statements present fairly, in all material respects, the separate financial position of the Company as of December 31, 2023 and 2022, and its separate financial performance and its separate cash flows for the years then ended in accordance with Korean International Financial Reporting Standards (K-IFRS). We also have audited, in accordance with the Korean Standards on Auditing, the Companys Internal Control over Financial Reporting as of December 31, 2023, based on criteria established in Conceptual Framework for Designing and Operating Internal Control over Financial Reporting issued by the Operating Committee of Internal Control over Financial Reporting in Korea, and our report dated March 7, 2024 expressed an unmodified opinion on the effectiveness of the Companys internal control over f