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LPL - LG Display May Have Made The Wrong Bet In The Display Market
LG Display Co Ltd AMERICAN DEPOSITORY SHARES
LG Display (LPL) is one of the biggest manufacturers of thin-film transistor liquid crystal display (“TFT-LCD”) panels. However, the market for LCDs is experiencing difficulties with not enough demand to offset the increased supply. As a result, prices for LCDs have been falling, which makes it hard for manufacturers such as LG Display to remain profitable. LCD manufacturers have been feeling the heat and it’s not clear that improvement is to be expected anytime soon.
This is a worrisome development for LG investors because displays are the company's bread and butter. However, LG