Samsung scales back flat-screen output by 5% to fight bulging inventories

Ah, how quickly things can change in this volatile, volatile world. At the tail-end of June, Samsung seemed pretty adamant that it would be keeping its flat-panel production lines humming along as usual. Enter a tiny factor called the worldwide credit crisis, and that plan begins to look terrible. In an effort to "cope with excess inventory amid lackluster demand from global markets," Sammy has decided to lower its panel output by about 5% (which it has been doing since August, actually), though it is keeping a close eye on demand in case it needs to ramp back up in short order. Whatever happens, we're just hoping for lower prices for consumers come Black Friday (and beyond).