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Formosa Plasma Display Corporation to invest NT$22 billion in second-stage PDP module construction

Compiled from outside sources
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Formosa Plasma Display Corporation (FPDC) expects to invest NT$22 billion for the second-stage construction of its PDP (plasma display panel) module plant in Taiwan, aiming to become the world’s top PDP module supplier, according to the Chinese-language Economic Daily News (EDN).

The company declined to comment on the schedule details but confirmed that it is planning for a second-stage expansion.

Taiwan’s Formosa Plastics Group (FPG) formed an alliance with Japan’s Fujitsu Hitachi Plasma Display (FHP) and established FPDC in 2002. The stock of FPDC is shared by FPG (77.5%) and FHP (22.5%), the company website of Fujitsu indicated.

At the end of the second quarter of 2004, FHP was the world’s number-four PDP module producer, with LG Electronics (LGE), Samsung SDI and Matsushita Electric Industrial tying for the number-one position, according to Japan-based Techno Systems Research (TSR), in an August 9 article.

FPDC: PDP module plant investment plan (NT$b/thousand units)

Stage

Original amount

Revised amount

Begin production

Monthly capacity

Revised monthly capacity

Mass production

1st

4.7

-

-

10

10

August 2003

2nd

16

22

2005

60

150

-

Source: FPDC and EDN, compiled by DigiTimes, September 2004.

Article translated by Carrie Yu and edited by Carrie Yu