September 4, 2008

LG Display Holds Panel Output

LG Display said it would keep its panel output at 90 percent of normal for now as screen prices remained weak amid sluggish demand for flat-screen TVs and personal computers.

LG Display had initially planned to resume full production in September, after cutting output by 10 percent in late July.

"We will monitor market conditions to decide when we should resume full production," a company spokesman said, and added that the industry environment appears weaker than earlier thought.

Originally published by Reuters.

(c) 2008 International Herald Tribune. Provided by ProQuest LLC. All rights Reserved.