July shipment results for Taiwan LCD manufacturers were weaker than expected. The top two LCD makers, AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) originally planned to reduce LCD fab utilization rates by about 10% and at most by 15%. With shipment results poorer than expected due to weak demand, AUO and CMO are planning [...]

Chi Mei Optoelectronics (CMO) reported its unaudited Q2′08 earnings results on July 31, 2008. The results are more positive than expected. Here are the details:

Net Sales (Revenue): Up 3.7% Q/Q to NT$95,489 million
Gross Profit: Down 7.8% Q/Q to NT$21,228 million
Operating Income: Down 14.1% Q/Q to NT$15,255 million
Net Income: Down 10.2% Q/Q to NT$13,740 million
Large-Area LCD [...]

Of course, Corning isn’t completely clueless, but according to some statements made by CFO Jim Flaws and CEO Wendell Weeks, Corning doesn’t seem to be taking into consideration current developments in the LCD supply chain when forecasting the rest of the year for LCD glass demand. Flaws was quite positive in his outlook for the [...]

Chunghwa Picture Tubes (CPT), the third largest LCD manufacturer in Taiwan, announced that it has decreased its large-area LCD shipment forecasts for 2008 by 6%. The reduction in its goal for the year is in response to weaker-than-expected demand for LCD panels. Here is the breakdown by large-area LCD application:

LCD Monitor Panels: Original goal [...]

On July 28, 2008, LG Display announced that it will be reducing its LCD production by 10% through August. This follows news from AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) that they will be reducing LCD output by 10% as well.
LG Display is one of the largest LCD manufacturers in the world and [...]

The LCD industry is in a state of flux right now. With increasing inventory for LCD panels, shifting demand for smaller LCD TVs, LCD panel prices nosediving, LCD manufacturers throttling utilization rates, it isn’t an easy time for anyone involved in the LCD supply chain. But AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are [...]

LCD TV panel prices fell again in mid-July and this has been a trend for a while. 32″ LCD TV panels with a pixel format of 1366 x 768 fell $13 to $285 in mid-July, according to DisplaySearch. This is great news for consumers ready to jump on a 32″ LCD TV and not-so-good news [...]

Chi Mei Optoelectronics (CMO) has decided to throttle down LCD panel production by 10%, effective immediately. CMO’s original plan was to wait until August to make a decision regarding LCD production. CMO has already decreased LCD module production by 10%. This is in response to inventory build up of LCDs and LCD-based products such as [...]

Chi Mei Optoelectronics (CMO), the second largest Taiwanese TFT LCD manufacturer after AU Optronics (AUO), posted May 2008 revenues of NT$34 billion, an increase of 1.5% M/M and 60.64% Y/Y. CMO shipped 6.52 million large-area (10″ and larger) LCD panels, up 4.2% M/M and 77.94% Y/Y. But, the company saw a 17.8% M/M decrease for [...]

The Eee PC must be extremely popular. At least Asus thinks so because it has fully booked Chunghwa Picture Tubes’ (CPT) 8.9″ LCD panel capacity. The Eee PC 900/901 ultra-portable notebook PCs sport an 8.9″ LCD with a pixel format of 1024 x 600, perfect for on-the-go web surfing. CPT and AU Optronics (AUO) are [...]