We will prepare future growth engines by institutionalizing cost-innovation and securing technologies that deliver a competitive edge.
Jeong Chul-dong, president of LG Display, said this at the 2026 annual general meeting of shareholders held on the 19th at the LG Display Learning Center in Paju, Gyeonggi Province. He expressed an ambition to maximize the results of this year's business-structure advancement and continue performance growth.
LG Display posted an operating profit of 517 billion won last year, returning to the black. The results stemmed from improved profitability following a business-structure overhaul centered on organic light-emitting diodes (OLED). The share of OLED in total sales rose from 32% in 2020 to 61% in 2025. Accordingly, the reduced loss over this period amounts to 3 trillion won.
At the general meeting of shareholders that day, reports were delivered on the audit and business, internal transactions with related parties, and the operation status of the internal accounting management system. A total of six agenda items were approved as originally proposed: ▲ approval of the 2025 financial statements ▲ approval of amendments to the articles of incorporation ▲ appointment of an outside director to serve on the audit committee (Oh Jeong-seok) ▲ appointment of an outside director (Park Sang-hee) ▲ appointment of an audit committee member (Park Sang-hee) ▲ approval of the limit on directors' remuneration.
The articles of incorporation changed some provisions to reflect amendments to the Commercial Act, such as introducing an electronic shareholders' meeting system and renaming independent directors. Outside directors Oh Jeong-seok, a professor in the Department of Business Administration at Seoul National University, and Park Sang-hee, a professor in the Department of Materials Science and Engineering at KAIST, were reappointed. They will also serve as Commissioners on the audit committee, a board subcommittee. The limit on directors' remuneration was set at 4 billion won, the same as the previous year.
An LG Display official said, "Director Oh, an expert in management, will provide advisory support across the business," adding, "Director Park, an expert in displays, will provide advice related to industry trends and securing future technologies."
LG Display plans to focus investment this year on reinforcing existing production lines rather than expanding new ones. Kim Seong-hyeon, chief financial officer (CFO) of LG Display, said, "Within a range that does not harm financial soundness, we plan to allocate the mid-2 trillion won level to capital expenditures (CAPEX)," adding, "The direction will be research and development (R&D) of new technologies and reinforcement of existing facilities."