LG Display Co., Ltd. researches, develops, manufactures, and sells OLED and TFT-LCD panels through its subsidiaries in South Korea, China, the rest of Asia, North America, and Europe. Its display panels are used in televisions, monitors, IT products such as notebook computers, desktop monitors, and tablet computers, laptops, smartphones and smartwatches, mobile phones and watches, automobiles, and other display-equipped products. The company also operates welfare facilities, manages intellectual property, produces and sells LCD modules and monitor sets, and invests in venture businesses and technologies. It exports its products. Formerly known as LG.Philips LCD CO., Ltd., it changed its name to LG Display Co., Ltd. in March 2008. The company was incorporated in 1985 and is headquartered in Seoul, South Korea.