Director predicted rise LG Display LCD panels.

In the near future, the cost of LCD panels will start to grow. This is due to the fact that in 2008 the price reached the lowest possible levels. That was reported by Reuters, referring to the statement by the executive director of LG Display Vona Yong-soo (Kwon Young-soo).
Also Won Yong-soo, stressed that in 2009, LG Display will focus on producing high-quality LCD screens for mobile devices. To this end, the company would invest 427 million dollars to build a production line for production of mobile screens premium class.
According to analysts, because of the economic crisis, demand for electronics, including LCD TVs, in the last quarter of 2008 decreased markedly, and this decline will continue in 2009. Executive Director of LG Display stressed that the fall in demand relates primarily to the large and expensive televisions. Demand for low-cost LCD TVs a diagonal, in his opinion, in 2009, will grow.
According to Reuters, in the last quarter of 2008, LG Display has demonstrated a record loss. The reason for this steel as falling prices of LCD panels, and a fine of 400 million dollars for violating the company of antitrust laws.
Recall that in mid-November 2008 U.S. Department of Justice fined the company LG Display, Sharp and Chunghwa Picture Tubes for entry conspired to prevent a fall in prices in the market of LCD panels. The bulk of the 585 millionth fines paid LG Display.