[Concall] LGD "Proceeding with 2 Trillion Won Scale Facility Investment This Year"
On the 24th, LG Display stated during its annual and Q4 earnings conference call that "under the theme of improving financial soundness this year, we will only proceed with projects collaborated with customers and plan to carry out CAPEX (capital expenditure) of around 2 trillion KRW."
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Regarding last year's capital investment scale, the company said, "We executed 3.6 trillion KRW, which is 1.6 trillion KRW less than in 2022," and added, "Although market volatility is expected to continue this year, we will focus company-wide on securing profitability by strengthening OLED (organic light-emitting diode) competitiveness and future growth."
This content was produced with the assistance of AI translation services.
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