LG.Philips Displays
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LG.Philips Displays was a joint venture created in 2001 by LG Electronics of South Korea and Philips Electronics of the Netherlands in response to the maturing cathode-ray tube (CRT) market.[1][2] It primarily manufactured CRTs used in traditional television sets. It was the world's largest manufacturer of CRTs.[3][4]
These two companies also operated another joint venture, LG.Philips LCD, which focused on LCD panels used in flat panel television sets and laptop computers.
As of 2006, the company had run into bankruptcy and restarted under the same name with investments of a third party (JP Morgan). LG.Philips LCD was not affected by this bankruptcy.
LG.Philips Displays shares were sold in the beginning of March 2007. The company name was changed to LP Displays on 1 April 2007. LP is a historic reference to the old parent companies LG and Philips. The company ended operations in December 2008 due to voluntary liquidation.[5]
References
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- ↑ https://www.annualreports.com/HostedData/AnnualReportArchive/k/NYSE_PHG_2004.pdf Template:Bare URL PDF
- ↑ http://www.jaarverslag.com/assets/reports/JaarverslagCOM_Philips_Jaarverslag_2000.pdf Template:Bare URL PDF
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- ↑ According to company search conducted on https://www.e-services.cr.gov.hk. To reproduce, log in by selecting "unregistered services" or similar, where you will be asked for personally identifiable information. Then select search, and select Left partial search, then search "LP Displays". Then select the search result, then under "Please select if you want to perform other searches or order other products for this company" select image record then click on go. Then click proceed, then go. The company chose to wind up voluntarily at the end of December 2008.