Contingent Liabilities and Commitments (Tables)

12 Months Ended

Dec. 31, 2023

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Maximum Amount of Accounts Receivables Sales and Amount of Sold Accounts Receivables before Maturity by Contract

(In millions of USD and won)
Classification	Financial institutions	Credit limit				Not yet due
		Contractual amount		KRW equivalent		Contractual amount		KRW equivalent
Controlling Company	Sumitomo Mitsui Banking    Corporation	USD	20		25,788		—		—
	MUFG Bank	USD	180		232,092	USD	3		3,815
	BNP Paribas	USD	15		19,341		—		—
	ING Bank	USD	40		51,576	USD	7		9,026
		USD	255		328,797	USD	10		12,841
Subsidiaries
LG Display Singapore    Pte. Ltd.	Standard Chartered Bank	USD	100		128,940		—		—
	United Overseas Bank    Limited	USD	150		193,410	USD	50		64,478
	JPMorgan Chase Bank,    N.A., Singapore Branch	USD	50		64,470		—		—
	Credit Agricole Corporate    & Investment Bank,    Singapore Branch	USD	300		386,820		—		—
	ING Bank	USD	50		64,470		—		—
LG Display Taiwan    Co., Ltd.	BNP Paribas	USD	15		19,341		—		—
	Australia and New    Zealand Banking Group    Ltd.	USD	160		206,304	USD	39		50,159
LG Display Germany    GmbH	BNP Paribas	USD	135		174,069	USD	55		70,906
LG Display America,    Inc.	Hong Kong & Shanghai    Banking Corp.	USD	400		515,760	USD	200		257,881
	Standard Chartered Bank	USD	1,000		1,289,400	USD	868		1,119,287
	ING Bank	USD	150		193,410	USD	30		38,735
LG Display Japan Co.,    Ltd.	Standard Chartered Bank	USD	120		154,728	USD	20		25,790
	Chelsea Capital    Corporation	USD	20		25,788		—		—
LG Display Guangzhou    Trading Co., Ltd.	KEB Hana Bank (China)    Company Limited	USD	30		38,682	USD	20		25,797
		USD	2,680		3,455,592	USD	1,282		1,653,033
		USD	2,935		3,784,389	USD	1,292		1,665,874

Letters of Credit from Financial Institutions and Respective Credit Limits

As of December 31, 2023, 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 USD and won)
		Contractual amount		KRW equivalent
KEB Hana Bank	USD		450	₩	580,230
Industrial Bank of Korea	USD		450		580,230
Industrial and Commercial Bank of China	USD		200		257,880
Shinhan Bank	USD		70		90,258
KB Kookmin Bank	USD		700		902,580
MUFG Bank	USD		100		128,940
The Export–Import Bank of Korea	USD		100		128,940
	USD		2,070	₩	2,669,058

Summary of Pledged Assets

The pledged assets has provided by the Group are as follows:

(In millions of won, USD and CNY)
Pledged Assets	Carrying amount		Maximum bond amount		Secured creditor	Borrowing amount
Property, plant and equipment and others	₩	507,234		1,200,000	LG Electronics Inc.		1,000,000
		89,703		326,400	Korea Development Bank and others		272,000
		264,335		780,000	Korea Development Bank and others		200,000
		711,885		—	China Construction Bank Corporation and others	CNY 9,330
Deposits in banks and others	CNY 5,825			1,053,338	Shinhan Bank and others	USD 400
							450,000