Sharp to halve LCD panel output at Osaka

31 January 2012, 11:38 am

(Reuters) - Sharp Corp will halve its LCD panel output at its Sakai facility in Osaka in Japan, marking its second deep production cut in a year, hurt by slumping television demand, the Nikkei business daily said. The reduced rate of production, which will continue for a month or more, is likely to hurt Sharp's earnings and the company is expected to report a group net loss for the fiscal year ...... Read More »

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