Samsung Electronics' LCD panel utilization rate has dropped to 70% in December, and the company may further cut back panel production in the first quarter of 2009 if demand worsens, according to a Chinese-language Economic Daily News (END) report.
The EDN report said a Samsung executive made the revelation to the research firm WitsView during a recent trip to Taiwan. The company previosuly said it had only reduced panel production by 5%.
Article translated by Yvonne Yu
