According to Kwon Young-soo, CEO of LG Display, the company has seen growing demand for small-size LCD sets in recent times as more consumers dump bulky old televisions for newer flat-screens. "Demand is strong for 26-inch or smaller TVs. The market is shifting to LCD rapidly," Kwon said at a media event after quarterly results on Thursday. LG Display is the world's No. 2 manufacturer of larger LCD screens.
"Demand for small-sized TVs and cheaper notebook computers is something we hadn't had expected and counted in," Kwon said. He re-assured the industry by saying that an anticipated oversupply in 2009 will be milder than had been expected. LG Display will soon begin mass-production from its eighth-generation production line early next year.
Smaller LCD screens are useful when working with more limited space than a living room can provide, like a bedroom or kitchen.
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Smaller LCD screens are useful when working with more limited space than a living room can provide, like a bedroom or kitchen.
Get regular news updates from AfterDawn.com by subscribing to our RSS feeds using the Subscribe button below. If you have been living in a cave for a few years now and don't know how to use RSS feeds, then Click Here to read a Guide on how to use RSS (and other) feeds.
