|Sharp to Drop LCD Production by 10 Percent|
|Home Theater News LCD HDTV News|
|Written by AVRev.com|
|Friday, 28 November 2008|
Sharp is the most recent, having recently announced that they would be cutting production of LCD panels at their Japanese plant by as much as 10 percent. Analysts predict that the slow in the economy will make the second half of 2009 the likely time for a recover in the HDTV market.
This announcement also comes hot on the heels of the recent price fixing scandal, in which named Sharp, LG, and a Chunghwa pleaded guilty and were assessed fines.