[Korea.net News, Economy / Industry, February 12 2008] LG.Philips LCD plans to change name

LG.Philips LCD Co., a leading global flat panel maker, said Tuesday (Feb. 12) it plans to change its name to reflect its newly envisioned business model.

The company said it expects to receive approval at its shareholders’ meeting on Feb. 29 to change its name to LG Display Co., to reflect its goal to diversify its business model from the current liquid crystal display-oriented one to one that includes the production of flexible displays and OLED screens.

The expected name change will also reflect its new ownership structure, the company said.