LG Display says panel demand to remain weak in Q1

SEOUL (Reuters) - South Korea's LG Display Co Ltd <034220.KS> forecast demand for its panels to remain weak in the first-quarter, citing uncertainties in the global economy.

"It is difficult to expect a recovery in demand during the first quarter as economic uncertainties persist," LG Display Chief Financial Officer Don Kim said in a statement issued on Wednesday.

A day earlier, the company reported its lowest quarterly profit in nearly four years, as weak demand for consumer electronics weighed on display panel prices in the fourth-quarter.

(Reporting by Se Young Lee)