Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 01 July 2011 12:25

AU Optronics slashes production

Written by Nick Farell


Begun the cutbacks have
In a bid to lower product inventory, panel maker AU Optronics has cut its glass purchases by 15 per cent  and plans to reduce capacity-utilization rate to about 80 per cent in July.

According to Cens.com AU is not alone it trying to cut back on its inventories. Chimei Innolux which is the largest TFT-LCD panel maker in Taiwan, and Korean counterparts Samsung and LG , also reportedly plan to cut production to protect panel prices.

High inventory levels in TFT-LCD panel distribution channels have caused prices to drop, so many major panel suppliers are trying to cut production. AUO is expected to lower production capacity to 80 per cent in the third quarter, from about 85 per cent.

Chimei Innolux also to reduce production capacity from about 90 per cent to 80  per cent Samsung and LGD have cut production capacity in the second quarter, and are expected to further cut 5 per cent in the third quarter.

 

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments