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News For LPL From The Last 14 Days
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October 9, 2015
15:17 EDTLPLKorea looks to support footprint in OLED industry, Korea Times says
Korea plans to give more support in the forms of tax benefits, tariff cuts and various kinds of administrative support to LG (LPL) to help broaden the country's footprint in the organic light-emitting diode, OLED, industry. , says the Korea Times.The Fly notes that Universal Display (OLED) engages in the research, development, and commercialization of organic light emitting diode, OLED, technologies and materials for use in flat panel displays. Reference Link
15:06 EDTLPLUniversal Display strength attributed to Wired, Korea Times reports, says Cowen
Cowen analyst Robert Stone attributed the move higher in shares of Universal Display (OLED) to two news items, namely a report from Wired that highlighted LG's price cuts for its OLED TVs and a Korea Times report that the Korean government plans more support for OLED projects. The analyst, who believes LG's price cuts reflect a capacity ramp at LG Display (LPL), previously stated in a note published on Wednesday that he believes the second half of the year looks strong for Universal Display. Stone keeps an Outperform rating and $60 price target on the stock.
15:05 EDTLPLLG's OLED TVs now cost less than some LCD sets, Wired says
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