LG Display is waiting for stable prices for LCD panels

Seoul/Phaju, South Korea (Reuters)-LG Display , the second largest manufacturer of liquid crystal screens in the world, predicts that the prices for the LCD panels will remain stable in the second quarter of 2010, and the market as a whole will remain positive in the second half of the year. The company notes high demand for broad -panel flat TVs. LG Display also announced its plans to invest 1.49 trillion won ($ 1.32 billion) in the expansion of production capacities. LG Electronics controls 37.9 percent of the company's shares. (Translated by Alexander Gelogaev. Editor Dmitry Antonov)