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26 Mar 2019 07:00
「SEC 1Q19 Earnings」Reference Material
□ 1Q19 results are expected to be below market expectations due to worse-
than-expected business conditions in the display and memory industries.
- Display: Earnings are likely to fall short of market expectations. In the
LCD business, amid weak seasonality, price declines were greater than
expected due to an increase in supply following increased capacity of
Chinese companies. In the OLED business, profitability worsened due to
a decline in demand for flexible products from large customers and
intense price competition with LTPS LCD panels.
- Memory: Price declines for major products are likely to exceed previous
expectations amid overall weak demand under seasonality.
□ To overcome difficult business conditions, the Company will strengthen
product differentiation based on its technological leadership while also
enhancing cost competitiveness via efficient resource management.
In the mid to long term, we will continue efforts to strengthen key
capabilities by boosting competitiveness of our major businesses while
securing sustained growth via strategic investments in R&D, new
businesses, etc.
※ This document contains forward-looking statements that relate to future events. Actual results may be materially different from those expressed above due to changes in the macro-economic situation, market conditions, etc.
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