Korea Hot Stocks-LG Electronics, LG Display surges
SEOUL, April 3 (Reuters) - Stocks on the move on Thursday include:
As of 0256 GMT, the main KOSPI was up 0.63 percent at 1,753.65 points, led by technology shares supported by a solid earnings outlook for electronics manufactures.
The index opened 0.2 percent higher at 1,745.72 points.
** LG DISPLAY UP AFTER APPLE SUPPLY REPORT**
LG Display (034220.KS) rose 1.28 percent to 47,400 won on a positive earnings outlook and after a report that it will supply small LCDs for Apple's AAPL.0 iPod.
An LG Display spokesman confirmed it had won a deal to supply small LCDs for Apple but would not say whether they were destined for the iPod.
"The deal with Appple is positive since Apple will likely become a steady, reliable customer," said John Park, an analyst at Daishin Securities.
But analysts said the deal was relatively small, and therefore will not likely lead to a meaningful earnings upgrade.
0253 GMT
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**LG ELECTRONICS SURGES ON STRONG OUTLOOK**
LG Electronics (066570.KS) hit a record high, jumping 5.36 percent to 137,500 won.
It is expected to report strong first quarter earnings results thanks to solid performance by its handset and consumer electronics divisions, analysts said.
"For handsets, Motorola Inc's (MOT.N) split could enhance LG's brand value and substantially boost its market share in North America, also lifting its earnings from the country," said Kim Ik-sang, an analyst at CJ Investment & Securities.
He added losses from its display sector would narrow during this year.
0238 GMT
(Reporting by Park Ju-min; Park Jung-youn Editing by xxx)
