The Company manufactures TFT-LCD panels in different sizes and specifications primarily for use in televisions, notebook computers and desktop monitors and also supplies high-definition television panels.
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In a sluggish economy, sales of "luxury non-essentials" like flat panel televisions are sure to be down. That said, when the economy turns around we'll look back at this stock at $14 and think "I shoulda..." LG has creative marketing that backs up quality products. A good combination.