The subject was established in 2016 by LG DISPLAY CO., LTD, which is one of the leaders of LCD & OLED screen products in the world. After 18 months of construction, its factory has been put into production since 04 Dec 2017. The subject is engaged in manufacturing OLED displays for mobile phones, smartwatches, TV and tablets, etc. Its products are supplied to export processing firms in Vietnam as well as are exported overseas.According to the subject's accounting department, the Covid Pandemic has just had trivial negative effects on the subject's operation. In detail, it continuously had good revenue growth during the period of 2020-2021. However, being negatively affected by the post-Covid economic recession, the subject received fewer orders from clients during the second half of 2022. According to the subject's HR Administration Department, the subject had to rotate leave policy for its workers in September and October 2022 and cut down production shifts last year as well. As a result, the subject's net revenue in 2022 decreased by 5.88% against the peak in 2021. Anyway, being an extremely large company, despite being decreased, net income last year was still huge.
Headquarters
Lot E, Trang Due Industrial Park, Dinh Vu - Cat Hai Economic Area, Hong Phong Commune
Hai Phong municipality; Red River Delta;
Postal Code: 04000-05000
Contact Details: Purchase the Lg Display Vietnam Haiphong Company Limited report to view the information.
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