Submitted by: kirkland on Sunday November 05th, 2006 at 02:55 PM EST

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.

While competitors such as LG.Philips LCD have posted net losses amid sliding prices, S-LCD has helped Samsung use Sony's brand recognition to expand the market for larger television panels, while letting Sony benefit from a stable panel supply.

» Full story @ Reuters