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Sharp plans to cut LCD panel production by as much as 10%

by Darren Murph posted Nov 20th 2008 at 2:15PM

Sharp hasn't cut production in its Kameyana plant since it began operating in 2004, but it's dangerously close to dialing things back a bit. As with practically every other flat-panel manufacturer out there, Sharp is feeling the pinch of the worldwide economic crisis, and as demand weakens for LCD TVs / LCD monitors, it's looking like now is an opportune time to slow things down. Purportedly, the company is considering scaling back production by as much as 10% from mid-December, though it is still expecting to reach sales of 11 million LCD TVs in the year ending March 2009.

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