Innolux cutting output on weak demand, pricesBy Lisa Wang / Staff reporterInnolux Corp (群創), which makes flat panels used in TVs and computers, yesterday said it is cutting production amid weakening demand and slumping prices. The Miaoli-based flat-panel maker’s comments came as demand began losing steam last month after experiencing the industry’s longest boom of one-and-a-half years. “Shipments might be adjusted in the fourth quarter,” Hung added. Innolux also attributed supply-chain disruptions, international port congestion and key component shortages to the already falling demand. Flat panels used in notebook computers, monitors and mobile phones account for a third each, he added.

Source: Taipei Times September 17, 2021 15:56 UTC