Energy-Saving LCD Shipments Fall as TV Makers Trim Orders, Barclays Says
Liquid-crystal display shipments will likely fall this quarter as television makers in Japan and China scale back purchases, Barclays Plc said.
Global LCD shipments may fall 1.1 percent from a year earlier to 45.7 million units, the investment bank said in a report yesterday. LCD factories will likely produce at 74.7 percent of capacity during the quarter, the lowest utilization ratio in more than two years, it said.
Sony Corp. (6758), Samsung Electronics Corp. and other TV makers are probably revising orders as their TV sales targets were optimistic, the report said. Sharp Corp.’s suspension of some production is also undermining industry shipments, it said.
The production adjustments by Osaka-based Sharp, Japan’s largest LCD maker, may be prolonged depending on sales of the company’s Aquos TVs and inventory level, the report said.
To contact the reporter on this story: Mariko Yasu in Tokyo at myasu@bloomberg.net.
To contact the editor responsible for this story: Young-Sam Cho at ycho2@bloomberg.net.
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