LG Display said on the 22nd that it will maintain a conservative stance on new investments during its fourth-quarter 2024 earnings conference call. LG Display noted, "The external environment is still highly uncertain, and demand volatility has significantly increased, a situation that has persisted for a long time," adding, "The company prioritizes improving its business structure, strengthening financial soundness, and securing stable revenue, so it is adopting a conservative approach toward new investments, including the 8th generation IT OLED."
It further stated, "We believe there is considerable uncertainty in market demand for the 8th generation IT OLED, and LG Display is currently in a situation that requires clear signals from the market. Once visibility is secured, we are fully prepared to respond to the market and believe we have sufficient time. Accordingly, we will act accordingly."