LG Display demonstrates SDV technology leadership with ASPICE global automotive software recognition

LG Display (NYSE:LPL) achieved Automotive SPICE (ASPICE) Capability Level 2 (CL2), certified by C&BIS, for its automotive display software processes.

Rhea-AI Summary

LG Display (NYSE:LPL) achieved Automotive SPICE (ASPICE) Capability Level 2 (CL2), certified by C&BIS, for its automotive display software processes.

This recognition, alongside prior ISO/SAE 21434 cybersecurity certification, supports its role in software-defined vehicles and strengthens competitiveness in markets such as North America.

Argus Jun 2 session

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News Market Reaction – LPL

In the Jun 2 session, LPL gained 4.17%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores LG Display’s push into higher-value automotive displays, adding ASPICE...

Analysis

This announcement underscores LG Display’s push into higher-value automotive displays, adding ASPICE CL2 software-process certification to its existing ISO/SAE 21434 cybersecurity credential. These recognitions align with regulatory filings showing a strategic tilt toward OLED, which contributed 61% of 2025 revenue, and significant R&D of W574,434 million in Q1 2026. Investors may watch how auto display wins translate into improved profitability following the Q1 2026 net loss of W575,714 million.

Key Figures

ASPICE level: Capability Level 2 Cybersecurity standard: ISO/SAE 21434 Q1 2026 revenue: W5,534,002 million +5 more

ASPICE level

Capability Level 2

Automotive SPICE certification for automotive display software

Cybersecurity standard

ISO/SAE 21434

Automotive cybersecurity engineering standard obtained in December

Q1 2026 revenue

W5,534,002 million

Consolidated revenue reported in Q1 2026 6-K

Q1 2026 operating profit

W146,719 million

Operating profit from Q1 2026 6-K

Q1 2026 net loss

W575,714 million

Net loss and basic loss per share W1,141 in Q1 2026

Q1 2026 R&D spend

W574,434 million

10.4% of revenue dedicated to R&D in Q1 2026

2025 OLED revenue mix

61%

Share of 2025 revenue from OLED products in 20-F

2025 gross margin

13.1%

Gross margin in 2025 vs 1.6% in 2023

Historical Context

5 past events · Latest: May 31

5 events

1. May 31

   Gaming OLED showcase

   24h Move

   -0.7%

   Showcase of large Gaming OLED lineup and flagship high-spec panels.

2. May 27

   OLED mass production

   24h Move

   +3.1%

   Start of mass production for 240Hz RGB Stripe OLED monitor panel.

3. May 04

   Next-gen OLED tech

   24h Move

   +3.0%

   Unveiling of next-generation OLED technologies for IT, TV, automotive.

4. Apr 28

   Award recognition

   24h Move

   -2.4%

   SID 'Display of the Year' award for 27-inch DFR Gaming OLED panel.

5. Mar 21

   Laptop panel innovation

   24h Move

   +6.7%

   World’s first mass-produced 1–120Hz laptop panel using Oxide 1Hz tech.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

automotive spice (aspice), ecus, software-defined vehicles (sdvs), iso/sae 21434

4 terms

automotive spice (aspice) regulatory

"it has achieved Automotive SPICE (ASPICE) Capability Level 2 (CL2)..."

Automotive SPICE (ASPICE) is a standardized checklist and scoring system used to judge how well a company develops software and electronic systems for cars. It acts like a quality recipe and inspection checklist that rates processes such as design, testing and project management, helping investors gauge whether a supplier can reliably deliver safe, on-time products. Higher ASPICE levels usually mean lower technical risk, fewer recalls, and smoother product launches.

ecus technical

"As the number of electronic control units (ECUs) installed in vehicles..."

ECUs were a notional basket currency made up of several national currencies used as a common unit of account within the European monetary system. Think of it as a shared measuring tape that let governments and companies compare values and settle cross-border obligations without using any single nation's money. For investors, ECUs matter when reading historical financial statements, contracts or market data because they determine how past amounts convert into current currencies and affect long-term comparisons.

software-defined vehicles (sdvs) technical

"transitioning from a hardware-centric structure to the era of software-defined vehicles (SDVs)."

Software-defined vehicles (SDVs) are cars and other vehicles whose key features, performance and updates are delivered mainly through software rather than fixed hardware, so functions like navigation, safety, entertainment and driver assistance can be changed or improved over the air. For investors, SDVs matter because they shift value from one-time hardware sales to ongoing software revenue, create opportunities for recurring subscriptions and updates, and change cost, regulatory and competitive dynamics much like turning a phone into a platform on wheels.

iso/sae 21434 regulatory

"the first in the display industry to obtain ISO/SAE 21434, the international standard..."

ISO/SAE 21434 is an international technical standard that specifies how automakers and suppliers must address cybersecurity across a vehicle’s entire life cycle—design, development, production, operation, maintenance and decommissioning. For investors it signals whether a company follows recognized practices to reduce hacking risk, avoid regulatory penalties and limit costly recalls or liability; think of it as a building code for a car’s digital systems that affects product safety, compliance costs and market access.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEOUL, South Korea, June 1, 2026 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it has achieved Automotive SPICE (ASPICE) Capability Level 2 (CL2) from certification body C&BIS, strengthening its position as a technology-centered company as its display technology capabilities are recognized for software quality and reliability.

The company achieved ASPICE certification by integrating its proprietary diagnostic and control functions into displays designed for automotive instrument clusters and center fascias. Through this certification, LG Display has demonstrated its capabilities in ensuring software quality and reliability as a key partner in automotive electronic systems.

ASPICE, which stands for Automotive-Software Process Improvement Capability dEtermination, is an international standard established by the automotive industry to evaluate the software development capabilities and reliability of suppliers. As the number of electronic control units (ECUs) installed in vehicles has recently increased sharply, even a single software defect can directly lead to a major accident or large-scale recall, making thorough management from the development stage essential for all related components. Accordingly, ASPICE evaluates whether systematic processes are established and operated across automotive software development as a whole.

The automotive industry is rapidly transitioning from a hardware-centric structure to the era of software-defined vehicles (SDVs). In line with this shift, the role of in-vehicle displays is also evolving beyond simple information display into an advanced software platform encompassing infotainment and vehicle control.

Last December, LG Display became the first in the display industry to obtain ISO/SAE 21434, the international standard for automotive cybersecurity engineering. Securing ASPICE CL2 again highlights the differentiated competitiveness of the company's automotive displays.

Building on this achievement, LG Display plans to enhance its competitiveness in securing new business, particularly in key markets such as North America. The company also aims to further strengthen strategic partnerships with customers as the automotive industry increasingly becomes software-driven.

"Reaching ASPICE CL2 validates that LG Display's automotive displays deliver not only hardware excellence but also high-quality software capabilities," said Keuk-sang Kwon, Head of the Auto Business Group at LG Display. "We will continue to reinforce our leadership in the automotive display market based on our differentiated proprietary technologies and advance as a technology-driven company that proactively delivers customer value."

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world's leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 53,049 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Team Leader, Communication Team
Email: hjy05@lgdisplay.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-display-demonstrates-sdv-technology-leadership-with-aspice-global-automotive-software-recognition-302785309.html

SOURCE LG Display

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ASPICE Capability Level 2 certification did LG Display (LPL) receive in June 2026?

LG Display obtained ASPICE Capability Level 2 (CL2) certification from C&BIS for its automotive display software processes. According to LG Display, this confirms systematic development practices that support software quality and reliability in instrument cluster and center fascia displays.

Why is ASPICE CL2 important for LG Display’s automotive business and LPL investors?

ASPICE CL2 indicates that LG Display’s automotive software development follows structured, reliable processes. According to LG Display, this recognition strengthens its role as a key partner in automotive electronic systems and supports competitiveness in the growing software-defined vehicle market.

How did LG Display achieve ASPICE certification for its automotive displays?

LG Display achieved ASPICE CL2 by integrating proprietary diagnostic and control functions into its automotive displays. According to LG Display, these functions are applied to instrument cluster and center fascia products, demonstrating established processes that help ensure software quality and reliability for vehicle electronics.

What is ASPICE and how does it relate to LG Display’s automotive software quality?

ASPICE is an international standard for assessing automotive software development capability and reliability. According to LG Display, ASPICE evaluates whether suppliers operate systematic processes, which is critical as vehicles use more ECUs and software defects can lead to accidents or large-scale recalls.

How does ASPICE CL2 certification support LG Display’s position in software-defined vehicles (SDVs)?

ASPICE CL2 supports LG Display’s shift from hardware-only displays to software platforms within SDVs. According to LG Display, in-vehicle displays now span infotainment and vehicle control, and the certification highlights its software process capability in this evolving automotive electronics landscape.

What other automotive standards has LG Display achieved besides ASPICE CL2?

LG Display previously obtained ISO/SAE 21434 certification for automotive cybersecurity engineering. According to LG Display, combining this cybersecurity standard with ASPICE CL2 underscores the differentiated competitiveness of its automotive displays in both software quality and cyber-protection capabilities.

How does LG Display plan to use ASPICE CL2 to grow its automotive display business?

LG Display plans to leverage ASPICE CL2 to enhance its competitiveness in securing new automotive business. According to LG Display, it aims to strengthen strategic partnerships with customers, particularly in key regions like North America, as the industry becomes increasingly software-driven.