LG.Philips LCD plans to change its corporate name to LG Display upon receiving approval at the company’s annual general meeting of shareholders on February 29. The new corporate name reflects the company’s business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips’ equity stake, and LG’s commitment to enhanced responsible management.
The official new trade name is expected to be LG Display Co., Ltd, and the company will use the trademark of LG Display. The entire process of changing the company name is expected to be completed by the end of June 2008.