LG Display Short on Cash and Long on Excess Large Area OLED Capacity

For the six year period 2019-2024, LGD’s (LG Display) revenue was 151,715 billion KRW, with a net operating margin of -4.4% and a pre-tax profit margin of -7.4%.  LGD’ s OLED capacity is ill suited to today’s demand.  It has 2 OLED TV Gen 8.5 OLED Fabs with a total capacity of 962.5K m²/month that operates at 50-60% utilization, where demand is static and 294.3K m²/month for small/medium displays that operates at 90% utilization, where the growth is increasing at around 10% per year.