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LCD panel makers say no plans to halt production despite falling utilization

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LCD panel makers say no plans to halt production despite falling utilization

LCD panel makers AU Optronics (AUO), Chi Mei Optoelectronics (CMO) and Chunghwa Picture Tubes (CPT) have expressed they have no intentions of completely suspending production during year-end 2008 or the Lunar New Year in late January, despite facing falling utilization rates for the first quarter of 2009. According to AUO, the panel supplier is looking to utilize less manpower, and hence lower productivity, to compliment its poor outlook for the first quarter of next year.

More here at Digitimes.

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