Demand for Large LCDs Weak in Second Half 2011

DigiTimes:

Although large-size panel makers AU Optronics (AUO) and Chimei Innolux (CMI) reported slightly improved monthly sales in July, their prospect for the second half of 2011 could be dimmed by declining FOB prices of LCD TVs and low capacity utilization rates. […]

Demand for TVs is weakening, even in China:

The global economic recession is also affecting China and Taiwan. Shipments of LCD TVs to China are expected to reach 41-42 million units in 2011, lower than the 43-45 million units estimated at the beginning of the year. Taiwan manufacturers operating in China could suffer as a result. […]

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