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Samsung warns of a possible LCD shortage in 2007

Iran Materials 6 November 2006 16:04 (UTC +04:00)

(news.techwhack.com) - South Korean tech giant Samsung has said that the global LCD market might face difficulties in the first half of 2007 due to seasonal factors.

The company is predicting a strong growth in demand and the second half of next year might even see a shortage of enough hardware, reports Trend.

Lee Sang-wan, president of Samsung's LCD business said in a statement: 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. Actually, there is even the possibility of a shortage in the second half.

The company is one of the leading manufacturers of large liquid crystal display (LCD) panels and it is now aiming to have the latest production line of its S-LCD joint venture with Sony Corp. starting operating sooner than expected.

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