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Sunday, November 05, 2006

Samsung Elec Sees Possible LCD Shortage in 2007

SEOUL (Reuters)—Samsung Electronics said the global LCD market would be difficult in the first half of 2007 due to seasonal factors, but predicted strong growth in demand and even a possible shortage in the second half.

"The first quarter is likely to be a little difficult, but afterwards, an increase in demand should mean we will not experience too many difficulties," Lee Sang-wan, president of Samsung's LCD business, said during a press conference on Friday at the company's sprawling Tangjeong complex about 100 kms south of Seoul.

"Actually, there is even the possibility of a shortage in the second half," he said in his remarks, which were embargoed until Sunday. He did not elaborate.
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