LG Philips Display
Encyclopedia
LG.Philips Displays was a joint venture created by the LG
LG
LG may refer to:*LG Corp., a South Korean electronics and petrochemicals conglomerate*LG Electronics, an affiliate of the South Korean LG Group which produces electronic products* Lawrence Graham, a London headquartered firm of business lawyers...

 Group of South Korea and Philips
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....

 Electronics of the Netherlands. It primarily manufactured CRT
Cathode ray tube
The cathode ray tube is a vacuum tube containing an electron gun and a fluorescent screen used to view images. It has a means to accelerate and deflect the electron beam onto the fluorescent screen to create the images. The image may represent electrical waveforms , pictures , radar targets and...

s used in traditional television sets.

These two companies also operate another joint venture, LG.Philips LCD
LG.Philips LCD
LG Display is the world's largest LCD panel maker, ahead of Samsung Electronics in a slender lead. Currently, the two South Korean companies together exceed 50% of the global LCD panel market...

, which focuses on LCD panels used in flat panel television sets.

As of 2006, the company had run into bankruptcy and restarted under the same name with investements 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 has been changed to LP Displays from 1 April 2007. LP is a historic reference to the old parent companies LG and Philips.
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