• Most Popular
  • Most Shared

Taiwan Chi Mei says hard to lift Q3 utilisation

Tue Jun 9, 2009 10:51pm EDT

Stocks

   

TAIPEI, June 10 (Reuters) - Chi Mei Optoelectronics (3009.TW), Taiwan's second largest LCD maker, said on Wednesday it may be difficult for it to raise capacity utilisation in the next quarter from the current one due to a component shortage.

"The third quarter is traditionally the peak season for LCD makers, but we may not be able to raise our utilisation rates this time because of a component shortage," Kuo Chen-lung, Chi Mei's vice president for global sales and product development, told reporters on the sidelines of a business event.

The company had previously said that it expected its capacity utilisation rate in the second quarter to be around 80-85 percent. (US$1=T$32.9) (Reporting by Argin Chang; Editing by Jonathan Hopfner)



More from Reuters

Photo

No U.N. deal on carbon cuts, last day of talks

COPENHAGEN (Reuters) - Two years of U.N. climate talks reached their climax in Copenhagen on Friday without a deal on carbon emissions cuts, as world leaders attempted a last push to agree a new global climate pact. | Video

» More Top News
Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

Citi's next challenge

Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article 

ECONOMY
Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

"We're not asking for a bailout"

If the U.S. is serious about creating jobs it should invest in aviation programs, says the chief of the Aerospace Industries Association. Just don't call it a bailout.  Full Article 

AEROSPACE & DEFENSE SUMMIT