LG controlled about a quarter of the global market for LCD television, and monitored the Samsung, which controls about 27% of the shares on the basis.Shares income in the presentation of LG, administered by the Executive Chairman Soo Kwon Young, and ended 2% weaker ahead of the results in and the broader market up.Media Kwon friendly talks a lot about his desire to become No.1 in the manufacture of LCD and sent staff to the highest summits in the world such as Annapurna and Kilimanjaro to tighten them and their willingness to take such difficult targets as no.1.
LG Display, No.2 in the world's LCD flat-screen maker, and noted the sector was close to the bottom where the pace of price falls slows down the panel, after reporting profit its worst level in six quarters.The profit outlook remains bleak for the sector LCD LCD , and TV makers demand lower prices to stimulate demand in the growth in the key year-end holiday season.Shipment also weakens retailers are not keen to stock up on TVs and computers, worried about being saddled with inventory in the global economy faltering.
The market hit the bottom of the LCD, but it will take time for LCD makers to run around. Will profit that is still weak even view quarter.LG IV, which launched to great profit makers of LCD monitors in Asia, including sector leader Samsung Electronics and Optronics of Taiwan AU, beat market expectations on strong demand from smart phones and tablets.It expect the market to reach to the bottom in the current quarter and the restoration of gradually following quarter.TV producers and the makers of another group to take a cautious approach on weak demand, but the stock back to a normal level, and we expect the market to bottom in Q4 and overall outlook will improve in the late first quarter of next year, L. LG Display chief financial officer Young is young, analysts said.
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