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Sharp is Cutting Osaka Plant's LCD Production in Half

Wed Feb 01, 2012 at 10:00 AM ET
Tags: Sharp, Industry Trends (all tags)

The LCD panel industry hasn't been doing well as of late and that's resulted in quite a few companies having to scale back production in their plants, switch to something else, or shut down entirely. Sharp is no stranger to this, and is cutting LCD production in its Sakai, Osaka plant in half.

The cut is expected to be temporary, though no timeline is given for a return to full production. This will be the second time Sharp has altered production in the last year, though not quite as severe as April's production stoppage.

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Sharp's plant has been running at between 80 and 90 percent of capacity, but even then is producing too many panels to sell.

Source: Reuters

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