South Korea's LG Electronics said on Thursday the flat screen television market was poised for much slower growth in 2009, but maintained high growth targets for its own plasma and liquid crystal products.

Wi-LAN Inc., the Canadian technology licensing company, has added LG, the Korean electronics giant, to a growing list of big industry players that it is taking to court. LG joins Motorola, Research in Motion and UTStarCom to the group of wireless handset makers that Wi-LAN believes are infringing its wireless patents.

Thanks to good performances of high-end touch screen phones in the key North American and European markets, LG Electronics is widely expected to beat Motorola to become the world's No. 3 phone maker in the second quarter. According to industry estimates including market research firm Strategy Analytics, the South Korean company will sell a maximum of 29 million phones in the April-June period, while Motorola of the United States is forecast to sell some 28 million.