ID :
206957
Wed, 09/14/2011 - 06:11
Auther :
Shortlink :
https://oananews.org//node/206957
The shortlink copeid
LCD panel suppliers to cut output in Q3
SEOUL (Yonhap) - Global suppliers of liquid crystal display (LCD) panels will cut their output in the third quarter, according to a market research firm Wednesday, as panel prices drop and weak demand outweighs expectations for a holiday sales peak.
Major LCD makers are forecast to reduce the monthly input of glass substrate, key materials for LCD panels, by 14 percent on-quarter during the current quarter to 12.2 million square meters, according to DisplaySearch.
In the April-June period, glass substrate input reached 14.2 million square meters on average per month, it said.
The reduced input will lead to lower-than-expected operation rates at LCD production lines, the market research firm said.
The LCD panel production lines are predicted to operate at around 75 percent of their full capacity, falling short of the initial projection of around 85 percent.
The LCD industry, led by Samsung Electronics Co. and LG Display Co., has been grappling to weather one of the worst downturns in the sector, which was caused by oversupply and scant demand for TVs.
DisplaySearch said production of medium to large panels for TVs, monitors and laptop computers will log double-digit drops in the third quarter compared to the previous three months, as panel makers are unwilling to build up inventory levels for a possible peak in sales.
A decline in production of small LCD panels for mobile phones will be less severe at around 7 percent during the same period, while LCD panels for tablet PCs will likely hold steady thanks to solid demand, it said.
Major LCD makers are forecast to reduce the monthly input of glass substrate, key materials for LCD panels, by 14 percent on-quarter during the current quarter to 12.2 million square meters, according to DisplaySearch.
In the April-June period, glass substrate input reached 14.2 million square meters on average per month, it said.
The reduced input will lead to lower-than-expected operation rates at LCD production lines, the market research firm said.
The LCD panel production lines are predicted to operate at around 75 percent of their full capacity, falling short of the initial projection of around 85 percent.
The LCD industry, led by Samsung Electronics Co. and LG Display Co., has been grappling to weather one of the worst downturns in the sector, which was caused by oversupply and scant demand for TVs.
DisplaySearch said production of medium to large panels for TVs, monitors and laptop computers will log double-digit drops in the third quarter compared to the previous three months, as panel makers are unwilling to build up inventory levels for a possible peak in sales.
A decline in production of small LCD panels for mobile phones will be less severe at around 7 percent during the same period, while LCD panels for tablet PCs will likely hold steady thanks to solid demand, it said.