And about the funding, so there are some concerns about potential shortage of funds due to our investment plan as well as the current performance. But then regarding that, I would like to assure the investors and the shareholders that there is no cause for concern as we are making the €“ we are making preparation and also implementing the preparation with regard to different aspects as well. Now, when it comes to investment or the operations of our business, then there are ways in the market that are available aside from borrowing or aside from using our own funds to do so. So when it comes to cash management, once again I would like to reassure the shareholders and investors that you do not have to worry about them, because we will be making the best use of the other means and ways that are available in the market.
Unidentified Company Representative: This is in charge of Large Display Marketing responding to your question about the OLED plan for 2023. In terms of the shipment, shipment of OLED is expected to be similar in 2023 Y-o-Y. But now in the high-end market, the demand keeps changing. And also given that it is not clear when there is going to be recovery in the demand, we will keep closely monitoring the market and try to continue to differentiate OLED in the high-end TV market, so that we will be able to increase our market share from the current high 20% level to over 30%. And with the goal of improving the healthy level €“ improving the inventory level in the €“ among the distributors and the set customers, we will be adjusting our production and also trying to reduce the fixed costs in line with the trends in the actual demand.
And about the business strategy for large OLED, now in terms of the infrastructure, we have already achieved the economy of scale in large OLED based on which we can compete in the high end market, meaning that that is 10 million units. So, we have already achieved the economy of scale. And we also see more opportunities still arising in terms of new markets as well as new customers. So, we will continue to strengthen our competitiveness and improve profitability, strengthen our competitiveness and strengthen our structure, so that we will also be able to see profitability from the existing market as well. And another positive aspect is the fact that we are also seeing visible results come out of our market creating businesses like gaming and transparent OLED.
So, these are the new markets that go beyond the existing TV market, as the current TV market continues to remain subdued. So, in short, although demand in the downstream industries remains slow mostly due to the macroeconomic situation, this is the business segments where there are still potential and many opportunities. So, we will continue to strengthen our cost innovation and also strengthen the OLED specific competitiveness so that we will be able to keep growing this market as well as the business. And there was also a question about the differentiation of the product especially between OLED versus LCD. But given the fact that my answer has become quite long winded, I would like to wait for another opportunity to give you more details.
Thank you. We will take the next question.
