Unknown Analyst's questions to LG Display Co Ltd (LPL) leadership • Q1 2025
Question
An analyst from UBS requested commentary on the short-term and mid-to-long-term outlook for LG Display's auto business, including specific forecasts for growth and profitability.
Answer
Son Ki Hwan, VP of Auto Marketing, noted that while the overall auto market faces headwinds, the in-vehicle display market is growing due to higher adoption rates and larger panel sizes. He projected steady growth for the auto business for at least the next three years, with OLED display revenue expected to triple in that timeframe, driven by new technologies like pillar-to-pillar displays and a strong order book.