Japan's Matsushita Electric Industrial Co. Ltd. is emerging as a top candidate to buy new shares in LG.Philips LCD or existing shares from co-owner Philips, a newspaper reported on Wednesday. Philips Electronics of the Netherlands is widely expected to sell its 33 percent stake when its ownership lock-up period expires in mid-2007. “Matsushita officials inspected plants in Paju and Kumi at the end of last year,” the unnamed senior official of LG.Philips was quoted as saying in Wednesday's Korea Economic Daily.?