Come one, come all to the flat-panel production cutting party. Just look at these spectacles on stage -- AU Optronics, Sharp, LG, Panasonic, Sony, Toshiba, Hitachi, et al. We'd say that this is getting downright bizarre, but we suspect that's plainly obvious by now. As the output-cutting bandwagon continues to take on passengers, LG has too decided (purportedly, at least) to downsize its plasma panel output starting in 2009. Potentially more striking is the assertion that it may "completely halt production of its 32-inch panels," which are losing it money hand over fist. The interesting bit is that nearly half of LG's PDP output is at the 32-inch level, so unless it starts digging into another size, it'll have quite a bit of equipment (and employees, we imagine) sitting idle. And to think -- things looked so much brighter just three years back.

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LG to trim plasma panel output, ditch 32-inch line altogether