DisplaySearch estimates glass consumption by TFT LCD manufacturers such as AUO and LPL will...

|About: AU Optronics Corp. (AUO)|By:, SA News Editor

DisplaySearch estimates glass consumption by TFT LCD manufacturers such as AUO and LPL will decline 14% Q/Q in Q3, as soft PC and TV demand drives LCD production lower. This is a negative for Corning (GLW), given its reliance on LCD glass sales for over half of its gross profit.