LCD Panel Makers Keep Going Despite Falling Factory Use

December 24, 2008 at 9:45 am PT

The makers of LCD panels for laptops and TVs are pressing on with churning out the glass, no matter how badly the industry is doing, reports trade pub DigiTimes. In an article on its Web site, the paper says that despite an expected 10 to 20 percent drop in the first quarter of 2009 in already low utilization of factories at AU Optronics, Chi Mei Optoelectronics, and Chungwa Picture Tubes, the companies are not going to cease production entirely. Instead, they are asking employees to take unpaid holidays, for example, among drastic measures to keep lines running despite the fact that it is must be quite uneconomical to do so at this point.

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Tagged with: AU Optronics, Barrons, Chi Mei Optoelectronics, Chungwa Picture Tubes, Digitimes, frontpage, LCD, Tech Trader Daily, Tiernan Ray

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