Taiwan Chi Mei says hard to lift Q3 utilisation

Tue Jun 9, 2009 10:51pm EDT
 
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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)

 

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