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LG Display on the hunt for partners, eying Amtran (Vizio)

Darren Murph
03.27.08
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Although we just heard that LG was scouting a few new partners in crime to tackle the always unpredictable plasma market, it seems as if the company is also seeking alliances with LCD makers. Reportedly, LG Display affirmed that it was looking to hook up with "other firms, such as Taiwan's Amtran [maker of Vizio LCD TVs]." Apparently investors were none too pleased about the suggestion, as shares of the stock fell amid concerns of linking up with what's commonly known as a bargain brand. Still, the firm is expected to enjoy "record earnings this year thanks to "a booming flat-screen TV market and tight panel supplies," and that little Olympics shindig probably isn't hurting things, either.

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