LG Display statistics show a global display manufacturer with KRW 26,615 billion in consolidated 2024 revenue, OLED products at 55% of annual revenue, and production capacity reported across South Korea, China and Vietnam. The figures below distinguish annual and quarterly results, revenue mix from unit shipments, effective capacity from finished products, and company ESG accounting measures from one another.
Key LG Display Statistics
The most broadly useful LG Display statistics are:
- KRW 26,615 billion in consolidated revenue in FY 2024 was reported for LG Display worldwide.
- KRW 21,331 billion in consolidated revenue in FY 2023 was reported for LG Display worldwide.
- KRW 2,575 billion in gross profit in FY 2024 was reported on a consolidated K-IFRS basis.
- KRW 561 billion in operating loss in FY 2024 was reported by consolidated LG Display.
- KRW 2,409 billion in net loss in FY 2024 was reported by consolidated LG Display.
- KRW 32,860 billion in total assets at December 31, 2024 were reported for consolidated LG Display.
- 55% of consolidated revenue from OLED products in FY 2024 was reported by LG Display.
- 58% of consolidated revenue from OLED products in Q3 2024 was reported by LG Display.
- 33% of Q3 2024 revenue from IT panels came from monitors, laptops and tablets in LG Display’s company application grouping.
- KRW 7,833 billion in consolidated revenue in Q4 2024 was reported in the unaudited quarterly release.
- 15% Q4 2024 revenue growth from Q3 2024 was reported for consolidated LG Display.
- KRW 83.1 billion in Q4 2024 operating profit was reported in the unaudited quarterly release.
- 6,063 thousand glass sheets of effective annual display capacity in FY 2024 were reported for facilities in Gumi, Paju and Guangzhou.
- 10.5% lower cost of sales per square meter in FY 2024 than FY 2023 was reported for consolidated shipments.
- 1,270,716 tCO2e of Scope 1 emissions in 2024 was reported within LG Display’s ESG boundary.
- 39% of total power consumption supplied by renewable energy in 2024 was reported within LG Display’s ESG boundary.
- 36.72% of LG Display common stock owned by LG Electronics at December 31, 2024 was disclosed in the company filing.
Contents
- Revenue and profitability statistics
- OLED and product-mix data
- Quarterly trends and market results
- Production capacity and manufacturing footprint
- Environmental and energy statistics
- Ownership and operating context
LG Display Revenue and Profitability Statistics
LG Display’s consolidated financial information is reported under K-IFRS and is stated in KRW billions unless noted otherwise. The annual comparison shows higher reported revenue in 2024, while profitability remained negative at the operating, pretax and net-income levels.
| Measure | FY 2023 | FY 2024 | Scope |
|---|---|---|---|
| Consolidated revenue | KRW 21,331 billion | KRW 26,615 billion | K-IFRS consolidated |
| Gross profit | Not supplied | KRW 2,575 billion | K-IFRS consolidated |
| Operating result | Not supplied | KRW 561 billion loss | Reported as negative operating income |
| Loss before tax | Not supplied | KRW 2,192 billion | K-IFRS consolidated |
| Net result | Not supplied | KRW 2,409 billion loss | K-IFRS consolidated |
Source: LG Display Financial Information. The 2024 quarterly releases are unaudited, while the annual financial figures above are consolidated K-IFRS figures.
At the balance-sheet date of December 31, 2024, consolidated LG Display reported KRW 32,860 billion in total assets, alongside KRW 24,787 billion in total liabilities and KRW 8,073 billion in total equity. These are point-in-time measures rather than flows during FY 2024.
The relationship between revenue and earnings should therefore be read carefully: the supplied figures describe scale of sales and separate profit or loss measures, without supporting an independently calculated margin or trend beyond the reported values.
LG Display OLED Statistics and Product Mix
OLED products represented 55% of consolidated revenue in FY 2024, exceeding half of total revenue by 5 percentage points. This is a revenue-share measure, not a count of OLED panels shipped, OLED volume share or market share.
In Q3 2024, OLED products represented 58% of consolidated revenue, and LG Display reported that the OLED share was 16 percentage points higher year over year than in Q3 2023. The company’s quarterly application mix was as follows:
| Q3 2024 application | Share of revenue | Definition |
|---|---|---|
| TV panels | 23% | Application mix by revenue |
| IT panels | 33% | Monitors, laptops and tablets |
| Mobile and other panels | 36% | Company application grouping |
| Automotive panels | 8% | Application mix by revenue |
The four categories sum to 100% as a check of the company’s rounded Q3 2024 revenue-mix figures, although rounding may affect exactness. Source: LG Display Reports Third Quarter 2024 Results.
The annual OLED figure comes from the company’s 2024 Form 20-F: LG Display 2024 Form 20-F. Because annual and quarterly shares measure revenue mix in different periods, they should not be treated as interchangeable observations.
LG Display Quarterly Trends and Display-Market Results
The Q3 and Q4 2024 releases provide a short-term view of revenue and reported earnings. Q4 revenue was KRW 7,833 billion, up 15% from Q3 2024 and 6% from Q4 2023.
| Quarterly measure | Q3 2024 | Q4 2024 | Period or comparison |
|---|---|---|---|
| Revenue | KRW 6,821 billion | KRW 7,833 billion | Consolidated, unaudited |
| Operating result | KRW 81 billion loss | KRW 83.1 billion profit | Consolidated, unaudited |
| EBITDA | KRW 1,162 billion profit | KRW 1,306 billion profit | Company-reported non-IFRS measure |
| Net result | KRW 338 billion loss | Not supplied | Consolidated, unaudited |
Q3 2024 revenue rose 43% from Q3 2023, while the quarter recorded an operating loss of KRW 81 billion and a net loss of KRW 338 billion. Q4 2024 operating profit was KRW 83.1 billion, and EBITDA profit was KRW 1,306 billion.
Source: LG Display Reports Fourth Quarter 2024 Results and LG Display Reports Third Quarter 2024 Results. EBITDA is a company-reported non-IFRS performance measure, and the quarterly releases are unaudited.
LG Display Production Capacity and Manufacturing Footprint
LG Display reported 6,063 thousand glass sheets of annual display production capacity in FY 2024, compared with 4,996 thousand glass sheets in FY 2023. The reported difference is 1,067 thousand glass sheets, but these are company effective-capacity figures rather than finished monitor units.
| Capacity measure | FY 2023 | FY 2024 | Geography or method |
|---|---|---|---|
| Annual display production capacity | 4,996 thousand glass sheets | 6,063 thousand glass sheets | Effective-capacity calculation |
| Cost of sales per square meter | Increased 36.8% vs FY 2022 | Decreased 10.5% vs FY 2023 | Total cost of sales divided by square meters shipped |
The effective-capacity method uses substrate size, operating time, operating days and an efficiency rate. Source: LG Display 2024 Form 20-F.
At December 31, 2024, LG Display operated TFT-LCD and OLED panel plants in Gumi, Paju and China. It also operated TFT-LCD and OLED module plants in Gumi, Paju, China and Vietnam.
The production network has changed over time: the P5 fabrication facility closed in June 2022, P7 closed in December 2022, and P62 closed in June 2023. The company described these as historical facility closures; they are contextual production-network observations rather than financial or product-performance measures.
Cost of sales per square meter decreased 10.5% in 2024 versus 2023 after increasing 36.8% in 2023 versus 2022. LG Display defines this ratio as total cost of sales divided by square meters shipped and attributes part of the earlier change to mix and currency effects.
LG Display Environmental and Energy Statistics
LG Display’s 2024 climate data separates Scope 1, location-based Scope 2, market-based Scope 2 and Scope 3 emissions. The two Scope 2 views are different accounting measures and should not be combined.
| ESG measure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Scope 1 emissions | 1,158,706 tCO2e | 1,056,041 tCO2e | 1,270,716 tCO2e |
| Scope 2, location-based | Not supplied | Not supplied | 2,342,237 tCO2e |
| Scope 2, market-based | Not supplied | Not supplied | 3,803,415 tCO2e |
| Scope 3 emissions | Not supplied | Not supplied | 2,846,784 tCO2e |
| Renewable-energy share | 13% | 15% | 39% |
Source: LG Display Climate Change: 2024 GHG Emissions and Renewable Energy. The emissions figures use LG Display’s ESG reporting boundary, and Scope 3 categories and boundary should be retained in publication context.
Renewable energy reached 3,071 GWh in 2024, supplying 39% of total power consumption. The company-reported renewable-energy share was 15% in 2023 and 13% in 2022, so the series provides a reported transition-rate history without requiring an estimate of total electricity demand.
LG Display Ownership and Operating Context
LG Electronics owned 36.72% of LG Display common stock at December 31, 2024, representing 183,593,206 common shares. This ownership disclosure comes from the company’s 2024 Form 20-F.
The 2024 shareholder-structure table presents additional categories, with foreigners including ADRs:
- The National Pension Service held 5.6% of shares in the 2024 shareholder-structure table.
- Domestic institutions held 4.1% in the 2024 shareholder-structure table.
- Domestic individuals held 30.6% in the 2024 shareholder-structure table.
- Foreign investors held 17.6% in the 2024 shareholder-structure table; LG Display notes that foreigners include ADRs.
- The employee stock ownership association held 5.4% in the 2024 shareholder-structure table.
Source: LG Display Shareholder Structure. The company-presented categories and the displayed year are retained as reported; the supplied ownership data does not establish a separate measurement date within 2024.
Taken together, these ownership and operating-context figures describe the company’s disclosed corporate structure, production footprint and application coverage. They do not by themselves measure end-user adoption, monitor market share or finished-unit shipments.