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S KOREA'S LG DISPLAY IN TALKS WITH SONY TO SUPPLY LCD PANELS

Posted on: Mon, 13 Apr 2009 02:09:00 EDT

Symbols: SNE

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SEOUL, Apr 13, 2009 (AsiaPulse via COMTEX) --
SNE | Quote | Chart | News | PowerRating -- South Korea's LG Display Co.
(KSE:034220) is in discussions with Sony Corp. (TSE:6) to
supply its liquid crystal display (LCD) panels to the Japanese
company, industry sources said Friday.

The world's second-largest maker of LCDs started negotiating
with Sony earlier this year on providing the latter with LCD
panels for 32-, 37- and 42-inch televisions, according to the
sources.

The talks were currently in the early stage and were
expected to last up to one year, the sources said.

Sony has been buying 60 per cent of its television panels
from S-LCD Corp. - its joint venture with Samsung Electronics
Co. (KSE:005930) - while Taiwanese manufacturers, including AU
Optronics Corp., have been supplying the rest of panels.

(Yonhap)

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