LG.Philips LCD Joint Venture

소개글

LG.Philips LCD J/V
Foundation, Operation and Withdrawal

목차

1.Foundation
2.Operations
3.Philips’ Withdrawal
4.Present Status
5.Why Philips Withdraw
6.Advantage of LPL J/V

본문내용

October 10, 2007
Philips offloads LPL stake, 46.4 million Shares
It had sold a 13% stake in LPL for €1.55 bn ($2.2 bn)
Philips Electronics
Sold stake
LG Electronics
Present Status
The ownership structure is changed
LG Electronics become the largest stockholder (37.9%)
The next-generation flat panel plant
LPL is to make a huge investment in new plant


Why Philips Withdraw
Philips’ strategy has changed
“For now, we don’t have detailed plans to reinforce the TV business. We have been changing our business paradigm from a TV maker to a home appliances manufacturer.”
Kim Tae-Young
CEO of Philips Electronics Korea Ltd.
Medical
Lighting
Smaller home appliances
Electronics
Healthcare
Lighting
Consumer lifestyle
Nov. 8, 2007, The Korea Times
Advantages of LPL Joint Venture
Too risky to manage the TFT-LCD business alone
Not easy to raise the funds alone

참고 자료

www.lgphilips-lcd.com