Company Directory - LG Display Co., Ltd.
Company Details - LG Display Co., Ltd.
LG Display Co., Ltd.
WebsiteSeoul, South Korea
ISIN: KR7034220003
LG Display Co., Ltd. is a South Korean company known for producing advanced display panels using LCD and OLED technologies. The company supplies high-quality screens for televisions, monitors, mobile devices, and other electronic products, and is recognized as the largest display company by revenue globally.
CCI Score
CCI Score: LG Display Co., Ltd.
-4.89
Latest Event
LG Display Responds to UN Supply Chain Allegations
LG Display clarified in response to UN allegations that its main electronics unit does not source from vendors in the Xinjiang Uyghur Autonomous Region and noted that transactions with one of the questioned vendors ended in 2020, distancing itself from potential forced labor practices.
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BYSTANDER
LG Display Co., Ltd. is currently rated as a Bystander.
Latest Events
- MAR282025
LG Display clarified in response to UN allegations that its main electronics unit does not source from vendors in the Xinjiang Uyghur Autonomous Region and noted that transactions with one of the questioned vendors ended in 2020, distancing itself from potential forced labor practices.
+50
Supply Chain Ethics
March 28
LG Display's statement clarifying that it does not source from Xinjiang vendors, and its earlier termination of dealings with a questioned vendor in 2020, reflects a preventive measure against complicity in forced labor practices. This action supports ethical supply chain practices, aligning with anti-fascist values and respect for labor rights, despite previous concerns raised by the UN.
Samsung, LG perplexed by UN allegations of Uyghur rights violation.
- DEC312023
OpenSecrets data reveals that LG Corp spent $525,000 on lobbying in 2023. This expenditure suggests active corporate engagement in influencing political processes, potentially prioritizing corporate interests over broader democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 28
The reported $525,000 spent on lobbying in 2023 indicates that the company is actively engaging in influencing legislative and regulatory processes. Such corporate lobbying can undermine democratic accountability and serve the interests of corporate elites, aligning with authoritarian influence. This behavior, viewed from a left-leaning anti-fascist perspective, is therefore rated negatively.
- MAY062021
In response to UN allegations regarding forced Uyghur labor in its supply chain, LG Display stated that one questioned vendor had no transactions with the company and that dealings with the other ended in 2020, distancing itself from potential human rights violations.
+50
Supply Chain Ethics
March 28
LG Display responded to concerns raised by the UN by clarifying that it had no active transactions with one vendor and had terminated its dealings with the other vendor in 2020. This corrective measure in its supply chain management helps mitigate risks associated with forced labor and reflects a commitment to uphold human rights standards.
Samsung, LG perplexed by UN allegations of Uyghur rights violation
- MAR122021
UN special rapporteurs sent a letter dated March 12 alleging that companies, including LG Display, may be involved in sourcing from suppliers linked to forced labor, arbitrary detention, and human trafficking in Xinjiang, China. The South Korean government has been asked to clarify these allegations.
-70
Supply Chain Ethics
March 28
The UN letter names LG Display among companies potentially sourcing goods from suppliers implicated in severe human rights abuses in Xinjiang. This raises significant concerns over the company's supply chain ethics and its due diligence in preventing forced labor.
Seoul Asked to Clarify Allegations of Firms' Involvement in Uyghur Rights Abuse
- JAN152009
Executives from LG Display Co., Ltd. pleaded guilty to participating in a global conspiracy to fix prices of TFT-LCD panels, resulting in prison sentences and significant fines. The case, part of a broader antitrust investigation, underscores unethical business practices that harmed competition and consumer interests.
-80
Business Practices and Ethical Responsibility
March 28
The guilty plea by LG Display executives for their involvement in price-fixing reflects deeply unethical business practices that deliberately undermined fair market competition and consumer trust. Such collusive behavior benefits monopolistic tendencies and harms both consumers and smaller competitors, warranting a strongly negative rating in business practices and ethical responsibility.
Four Executives Agree to Plead Guilty in Global LCD Price-Fixing Conspiracy
- NOV122008
On November 12, 2008, LG Display Co., Ltd. and its subsidiary pleaded guilty to participating in a conspiracy to fix the prices of TFT-LCD panels between 2001 and 2006, resulting in a $400 million fine as part of a larger $585 million settlement with the US Department of Justice.
-80
Business Practices and Ethical Responsibility
March 28
LG Display's involvement in a global LCD price-fixing conspiracy represents a severe breach of ethical business practices, undermining market competition and consumer trust. This unethical behavior is antithetical to democratic market principles and worker rights, showing corporate misconduct that prioritizes profit over fair practices.
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