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Contingent Liabilities and Commitments (Tables)
12 Months Ended
Dec. 31, 2022
Textblock 1 [Abstract]  
Maximum Amount of Accounts Receivables Sales and Amount of Sold Accounts Receivables before Maturity by Contract The respective maximum amount of accounts receivables that could be sold under the agreement and the amount of sold, but not yet due, accounts receivables by contract are as follows:

 

(In millions of USD and KRW)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Classification

 

Financial institutions

 

Credit limit

 

 

Not yet due

 

 

 

 

Contractual amount

 

 

KRW equivalent

 

 

Contractual amount

 

 

KRW equivalent

 

Controlling Company

 

Shinhan Bank

 

USD

 

10

 

 

 

12,673

 

 

USD

 

10

 

 

 

12,578

 

 

 

Sumitomo Mitsui Banking
   Corporation

 

USD

 

20

 

 

 

25,346

 

 

 

 

 

 

 

 

 

MUFG Bank

 

USD

 

180

 

 

 

228,114

 

 

USD

 

29

 

 

 

36,973

 

 

BNP Paribas

 

USD

 

65

 

 

 

82,375

 

 

 

 

 

 

 

 

 

ING Bank

 

USD

 

40

 

 

 

50,692

 

 

USD

 

7

 

 

 

8,292

 

 

 

 

USD

 

315

 

 

 

399,200

 

 

USD

 

46

 

 

 

57,843

 

Subsidiaries

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LG Display Singapore
   Pte. Ltd.

 

Standard Chartered Bank

 

USD

 

100

 

 

 

126,730

 

 

USD

 

32

 

 

 

40,120

 

 

United Overseas Bank
   Limited

 

USD

 

200

 

 

 

253,460

 

 

USD

 

90

 

 

 

113,831

 

 

JPMorgan Chase Bank,
   N.A., Singapore Branch

 

USD

 

50

 

 

 

63,365

 

 

 

 

 

 

 

 

 

 

Credit Agricole Corporate
   & Investment Bank,
   Singapore Branch

 

USD

 

300

 

 

 

380,190

 

 

USD

 

30

 

 

 

37,875

 

LG Display Taiwan
   Co., Ltd.

 

BNP Paribas

 

USD

 

15

 

 

 

19,010

 

 

USD

 

 

 

 

 

 

 

Australia and New
   Zealand Banking Group
   Ltd.

 

USD

 

120

 

 

 

152,076

 

 

USD

 

7

 

 

 

8,872

 

LG Display Germany
   GmbH

 

BNP Paribas

 

USD

 

135

 

 

 

171,086

 

 

USD

 

125

 

 

 

158,412

 

LG Display America, Inc.

 

Hong Kong & Shanghai
   Banking Corp.

 

USD

 

400

 

 

 

506,920

 

 

USD

 

400

 

 

 

506,917

 

 

Standard Chartered Bank

 

USD

 

800

 

 

 

1,013,840

 

 

USD

 

717

 

 

 

908,604

 

 

 

ING Bank

 

USD

 

150

 

 

 

190,095

 

 

USD

 

72

 

 

 

91,134

 

LG Display Japan Co., Ltd.

 

Standard Chartered Bank

 

USD

 

200

 

 

 

253,460

 

 

USD

 

42

 

 

 

53,234

 

 

 

Chelsea Capital
   Corporation

 

USD

 

120

 

 

 

152,076

 

 

 

 

 

 

 

 

LG Display Guangzhou
   Trading Co., Ltd.

 

KEB Hana Bank (China)
   Company Limited

 

USD

 

30

 

 

 

38,019

 

 

USD

 

12

 

 

 

15,235

 

 

 

 

USD

 

2,620

 

 

 

3,320,327

 

 

USD

 

1,527

 

 

 

1,934,234

 

 

 

 

USD

 

2,935

 

 

 

3,719,527

 

 

USD

 

1,573

 

 

 

1,992,077

 

Letters of Credit from Financial Institutions and Respective Credit Limits

As of December 31, 2022, the Group entered into agreements with financial institutions in relation to the opening of letters of credit and the respective credit limits under the agreements are as follows:

 

(In millions of won, USD and CNY)

 

 

 

 

 

 

 

 

 

Contractual amount

 

 

KRW equivalent

 

KEB Hana Bank

 

USD

 

150

 

 

190,095

 

 

 

CNY

 

1,800

 

 

 

326,592

 

Sumitomo Mitsui Banking Corporation

 

USD

 

100

 

 

 

126,730

 

Industrial Bank of Korea

 

USD

 

200

 

 

 

253,460

 

Industrial and Commercial Bank of China

 

USD

 

150

 

 

 

190,095

 

Shinhan Bank

 

USD

 

270

 

 

 

342,171

 

 

 

KRW

 

300,000

 

 

 

300,000

 

KB Kookmin Bank

 

USD

 

400

 

 

 

506,920

 

MUFG Bank

 

USD

 

150

 

 

 

190,095

 

The Export–Import Bank of Korea

 

USD

 

100

 

 

 

126,730

 

Citibank of Korea

 

USD

 

100

 

 

 

126,730

 

Standard Chartered Bank

 

USD

 

400

 

 

 

506,920

 

 

USD

 

2,020

 

 

 

 

 

CNY

 

1,800

 

 

 

 

 

KRW

 

300,000

 

 

3,186,538