Continuous price declines in large size TFT LCD (Thin-Film Transistor Liquid Crystal Display) panels has impelled LCD panel maker Sanyo Epson to speed up its pace in adjusting existing large size TFT LCD panel production lines for small and medium size panel production. By March 2005, the share of small and medium panel production is expected to increase from 30% to 40% of the company's total shipments.

 

Large size TFT LCD panel production currently accounts for 70% of Sanyo Epson's output. As the price of large size LCD panels is likely to dip further down, the maker is urgently taking actions to mitigate possible blows to its business.

 

Sanyo Epson is a 55/45 joint venture between Sanyo Electric and Seiko Epson, launched in October 2004.