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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    LG Display sees strong demand for small LCD TVs

    SEOUL
    Fri Apr 11, 2008 1:39pm EDT

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    A saleswoman demonstrates the use of an LG Electronics 55-inch Full-HD LCD TV equipped with a liquid crystal display from LG.Philips at Korea Electronics Show 2005 in Goyang, about 18 miles north of Seoul, October 11, 2005. REUTERS/You Sung-Ho

    SEOUL (Reuters) - The LCD TV market is seeing stronger-than-expected demand for small-size sets as consumers switch to sleeker TVs from bulky tubes at ever-faster rates, the chief executive of LG Display Co Ltd (034220.KS) said.

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    "Demand is strong for 26-inch or smaller TVs. The market is shifting to LCD rapidly," said Kwon Young-soo, CEO of LG Display, the world's No.2 maker of large-sized liquid crystal display (LCD) panels.

    Kwon's comments, made at a media event after quarterly results on Thursday, were embargoed until Friday.

    "Demand for small-sized TVs and cheaper notebook computers is something we hadn't had expected and counted in," Kwon said, adding an oversupply in 2009 will be milder than expected.

    South Korea-based LG Display is set to start mass production from its new "eighth-generation production line" early in 2009, when analysts expect the market will tilt toward an oversupply.

    Kwon said the mass production could start one or two months earlier than the original schedule of March or April.

    (Reporting by Rhee So-eui; Editing by Keiron Henderson)
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