The world is truly flat for LG Display -- as in flat-panel displays. The company is one of the world's top producers of TFT-LCDs (thin-film transistor liquid-crystal displays), the svelte screens that go into laptop and notebook computers, desktop PC monitors, TV sets, wireless handsets, and a variety of applications in automotive navigation, avionics, consumer electronics, instrumentation, and medical equipment. LG Electronics and Philips merged their LCD businesses in 1999. Philips no longer holds any equity in LG Display. The company gets about 70% of its sales from customers in the Asia/Pacific region.