LG Display Co., Ltd. Annual Report 2025

LG Display Co., Ltd. filed its annual report for the fiscal year ending December 31, 2025. The report details the company's business overview, industry analysis, major products, production capabilities, sales performance, and financial information. The company, incorporated in February 1985, specializes in the research, development, manufacture, and sale of OLED and TFT-LCD panels. In 2025, sales were primarily driven by IT products (37%), mobile products (36%), television products (19%), and auto products (8%). The company's operations are global, with key production facilities in Korea, China, and Vietnam, and overseas sales accounting for approximately 96% of total sales. Capital expenditures in 2025 were around W1.4 trillion, with plans to increase to the mid-to-upper W2 trillion range in 2026, focusing on OLED technology and infrastructure. The report highlights the cyclical nature of the display panel industry, influenced by global economic conditions, and outlines LG Display's strategies to maintain market leadership through technological innovation, product differentiation, and customer relationships. R&D expenditures represented approximately 9% of sales in 2025, with significant achievements in developing new OLED and TFT-LCD products, including transparent displays, foldable panels, and high-refresh-rate gaming monitors. The company also detailed its environmental and safety management practices, risk management strategies, and major contracts.