LG.Philips Displays

{{Short description|Electronics company}}

{{Infobox company

| name = LG.Philips Displays

| type = Joint Venture

| logo = LG.Philips Displays vector logo.svg

| logo_caption =

| foundation = {{start date and age|2001}}

| defunct = {{start date and age|2007}}

| fate = Bankruptcy

| location = Hong Kong{{Cite web|url=http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm|title=LG.PHILIPS Displays|date=2005-10-23|access-date=2017-11-19|url-status=bot: unknown|archive-url=https://web.archive.org/web/20051023094911/http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm|archive-date=2005-10-23}}

| area_served = Worldwide

| key_people = Mr. Jeong IL Son(CEO), Mr. Paul Verhagen(CFO), Mr. Wiebo Jan Vaartjes(CSO), Mr. Soo Dyeog Han(COO){{Cite web|url=http://www.lgphilips-displays.com/english/corpinfo/management.htm|title=LG.PHILIPS Displays|date=2006-01-18|access-date=2017-11-19|url-status=bot: unknown|archive-url=https://web.archive.org/web/20060118102058/http://www.lgphilips-displays.com/english/corpinfo/management.htm|archive-date=2006-01-18}}{{Cite news|url=https://www.photonics.com/a24205|title=LG.Philips Display Unit Files Bankruptcy|access-date=2017-11-19}}

| industry = Consumer electronics

| products = Cathode-ray tubes, Deflection Yokes and related materials

| revenue = {{loss}} {{USD|2 Billion|link=yes}} (2005){{Cite web|url=https://www.twice.com/news/lgphilips-lcd-revenue-slides-6-28902|title=LG.Philips LCD Revenue Slides 6%|first=Jeff|last=Malester|website=Twice|date=11 April 2005}}

| net_income = {{loss}} {{USD|618 million|link=yes}} (2005)

| num_employees = 17,000 (2006){{Cite web|url=https://www.telegraph.co.uk/finance/2931965/LG-Philips-Displays-staff-will-be-affected-by-bankruptcy.html|title=LG Philips Displays staff will be affected by bankruptcy|first=Robert|last=Miller|date=February 10, 2006|via=www.telegraph.co.uk}}

| owner = LG Electronics, Philips

| homepage = [https://web.archive.org/web/20050828062527/http://www.lgphilips-displays.com/english/index.htm LG.Philips Displays]

| footnotes =

}}

{{Infobox company

| name = LP Displays

| logo = LP Displays vector logo.svg

| logo_caption =

| foundation = {{start date and age|2007}}

| defunct = {{start date and age|2008}}

| fate = Liquidation

| location = Hong Kong{{Cite web|url=http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm|title=LG.PHILIPS Displays|date=2008-01-04|access-date=2017-11-19|url-status=bot: unknown|archive-url=https://web.archive.org/web/20080104024952/http://www.lgphilips-displays.com/english/corpinfo/whoweare.htm|archive-date=2008-01-04}}

| area_served = Worldwide

| key_people = Mr. Jeong IL Son(CEO), Mr. Deok Sik Moon(CFO), Mr. JM Park(CSO), Mr. Soo Dyeog Han(COO){{Cite web|url=http://www.lgphilips-displays.com/english/corpinfo/management.htm|title=LP Displays|date=2007-12-05|access-date=2017-11-19|url-status=bot: unknown|archive-url=https://web.archive.org/web/20071205050753/http://www.lgphilips-displays.com/english/corpinfo/management.htm|archive-date=2007-12-05}}

| industry = Consumer electronics

| num_employees =11,000 (2007){{cite web |url=http://www.lgphilips-displays.com/english/download/LGPD%20BROCH%20APR07_3.pdf |title=Archived copy |website=www.lgphilips-displays.com |access-date=12 January 2022 |archive-url=https://web.archive.org/web/20071013164327/http://www.lgphilips-displays.com/english/download/LGPD%20BROCH%20APR07_3.pdf |archive-date=13 October 2007 |url-status=dead}}

| products = Cathode-ray tubes, deflection yokes and related materials

| homepage = [https://web.archive.org/web/20071211122926/http://www.lgphilips-displays.com/english/index.htm LP Displays]

}}

File:Crt14.jpg

LG.Philips Displays was a joint venture created in 2001 by LG Electronics of South Korea and Philips Electronics of the Netherlands in response to the maturing cathode-ray tube (CRT) market.https://www.annualreports.com/HostedData/AnnualReportArchive/k/NYSE_PHG_2004.pdf {{Bare URL PDF|date=March 2022}}http://www.jaarverslag.com/assets/reports/JaarverslagCOM_Philips_Jaarverslag_2000.pdf {{Bare URL PDF|date=March 2022}} It primarily manufactured CRTs used in traditional television sets. It was the world's largest manufacturer of CRTs.{{Cite web|url=https://www.forbes.com/global/2007/0108/030.html#e349a206e596|title = Tube Opportunist|website = Forbes}}{{Cite web|last=Cameron|first=Ian|date=30 November 2000|title=LG and Philips sign CRT joint venture|url=https://www.eetimes.com/philips-and-lg-sign-crt-joint-venture/#|website=EE Times}}

These two companies also operated another joint venture, LG.Philips LCD, which focused 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 was changed to LP Displays on 1 April 2007. LP is a historic reference to the old parent companies LG and Philips. The company ended operations in December 2008 due to voluntary liquidation.According to company search conducted on https://www.e-services.cr.gov.hk. To reproduce, log in by selecting "unregistered services" or similar, where you will be asked for personally identifiable information. Then select search, and select Left partial search, then search "LP Displays". Then select the search result, then under "Please select if you want to perform other searches or order other products for this company" select image record then click on go. Then click proceed, then go. The company chose to wind up voluntarily at the end of December 2008.

References

{{Reflist}}

{{LG Electronics}}

{{Philips}}

{{Authority control}}

{{DEFAULTSORT:Lg Philips Display}}

Category:LG Electronics

Category:Philips

Category:Multinational joint-venture companies

Category:Electronics companies established in 2001

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