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LG Phillips LCD Earnings Call 
LG Philips Q2 Earnings Call
25th August 2008 00:00 AM
The management reported a quarterly EBITDA margin of 38%, which was in line with the guidance in spite of the lower than guided shipment.
The management reported Q2 sales of KRW 4,211 billion, a rise of 4% compared with sales of KRW 3,355 billion in Q2 of 2007. The net income in the quarter was a profit of KRW 759 billion versus a profit of KRW 717 billion in Q1 of 2008 and a profit of KRW 228 billion in Q2 of fiscal 2007. The management will continue to focus on cost reduction activities, ongoing product innovation, enhancing customer relations and maintaining technology leadership for sustainable growth in the future.
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LG Display Earnings Call, Second Quarter 2008
14th July 2008 00:00 AM
The management warned that future earnings will suffer as the global economic downturn hinders consumer spending.
LG Display reported a 759 billion won ($738.3 million) net profit in the second quarter versus 228 billion won earned a year ago. LG added that LCD screens prices are expected to decline by the low-teens in percentage terms next quarter, after having lost 5% in the last quarter. Despite the worries about the decelerating demand and lower prices, LG Display plans to increase its spending plans for this fiscal year to 4.5 trillion won from 3 trillion and try to remain competitive.
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LG Phillips LCD Third Quarter Earnings Call
11th October 2007 00:00 AM
Aided by the increase in the prices, the company reported net income of $573 million as against a loss of $351 million in the prior year quarter.
The leading maker of TFT and LCD panels reported revenue of $4.3 billion, up 43% from the prior year quarter. The higher sales were the result of improved ASPs and an increase in shipments, which was mainly due to higher seasonal demand. To meet the future demand, the firm has decided to move forward with the gen-8 facility and the the Board of Directors has approved the investment in a gen-8 facility with an additional CapEx of WON2.5 trillion.
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LG Phillips Second Quarter Earnings Call
13th July 2007 00:00 AM
The company reported profit of KRW228 billion in more than a year amid strong sales, stabilizing prices and cost cuts.
The maker of LCD screens for TVs and computers reported revenue of KRW3.36 trillion, exceeding analysts’ expectations of KRW3.2 trillion. Average selling price per square meter of net display decreased about 1% compared with a 9% fall in the first. The company shipped a total display area of 2.8 million square meters, attributable to the increase of TV shipments as well as from IT shipments. For Q3, EBITDA is forecast at a high-twenties percent.
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LG Philips First Quarter Earnings Call
11th April 2007 00:00 AM
The company reported a net loss of KRW181 million due to panel prices decline amid slow seasonal demand.
The maker of LCD screens for TVs and computers reported revenue of $2,893 million, down 11% on price decline of LCDs. Displays for flat screen televisions accounted for 45% of the company''''s revenue. The company made improvements in both cost reduction and operational efficiencies. In Q2, in the TV segment, the company expects shipments to increase by high 20s percentage with an average and ending ASP decline of a mid single-digit percentage.
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