[Infostock Daily= Reporter An Hoe Hyun] Although LG Display has not been welcomed by domestic institutional investors due to its disappointing performance over the past three years, it is expected to break down existing prejudices one by one by turning to the black next year.
DB Financial Investment maintained its investment opinion Buy and target stock price of 20,000 won for LG Display.
"The turnaround in the annual surplus next year will be very bright as performance, which used to depend mostly on LCD(liquid crystal display) TV panels in the past, has diversified," the company explained.
"Because overseas strategic customers are responding well to new products, POLED effects can continue even during the off-season of the first quarter," the company said, adding, "The price growth rate of the LCD panel for IT is getting higher even though it is in November due to tight supply and demand, and this trend will not end easily at the beginning of next year."
Large OLEDs are burdened with an increase in depreciation costs next year, but they can partially offset the burden of fixed costs as supplies increase from 4.5 million units to 7.5 million units next year.
Reporter An Hoe Hyun ahh@infostock.co.kr
