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Lg Display Vietnam Haiphong Company Limited (Cong Ty Tnhh Lg Display Viet Nam Hai Phong) (Vietnam)

Main Activities: Communications Equipment Manufacturing
Secondary Activities: Computer and Electronic Product Manufacturing | Offices of Real Estate Agents and Brokers | Testing Laboratories | All Other Support Services
Full name: Lg Display Vietnam Haiphong Company Limited Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

LG Display Vietnam Haiphong Company Limited (LGDVH) is LG Display's principal Vietnam manufacturing subsidiary and one of the group's largest overseas display module production bases. Located in Trang Due Industrial Park within the Hai Phong Economic Zone, the company manufactures and assembles display products, with a production focus on small- and medium-sized OLED display modules for smartphones, tablets, and other personal devices, alongside LCD modules for selected electronics applications. The facility operates as a high-volume export platform, supplying OLED and LCD modules to LG Display's global network and downstream OEM customers across Asia, North America, and Europe. Since commencing operations in 2016, LGDVH has expanded through multiple investment phases, raising total registered investment to approximately USD 5.65 billion and scaling OLED module output to a capacity reportedly in the tens of millions of units per month, underscoring its role as a core hub for emissive display growth. The Hai Phong site supports LG Display's strategic pivot toward OLED by delivering cost-competitive, quality-controlled mass production near major electronics assembly clusters in northern Vietnam, strengthening supply chain resilience and enabling rapid ramp-up for next-generation mobile OLED formats and emerging IT and automotive display use cases.

Headquarters
Lot E, Trang Due Industrial Park, Dinh Vu - Cat Hai Economic Area, Hong Phong Commune
Ha Giang; North Eastern Vietnam; Postal Code: 04000-05000

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
May 05, 2016
Key Executives
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General Director
Ownership Details
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100%
Subsidiaries
Lg Electronics Vietnam Hai Phong Co., Ltd.
Lg Innotek Vietnam Haiphong Company Limited
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
39.78%
Total operating revenue
39.78%
Operating profit (EBIT)
46.68%
EBITDA
28.89%
Net Profit (Loss) for the Period
93.11%
Total Assets
-4.7%
Total Equity
16.76%
Operating Profit Margin (ROS)
0.15%
Net Profit Margin
0.49%
Return on Equity (ROE)
3.94%
Debt/Equity
-22.57%
Quick Ratio
0.03%

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