AU Optronics (AUO) announced today that it has obtained formal approval from the Investment Commission of the Ministry of Economic Affairs (MOEA) to establish a 7.5G TFT-LCD production fab in China. AUO said it will follow the government regulations and submit the subsequent information needed to expedite the investment process.
AUO said in a highly competitive international market, Taiwan-based panel makers now have only very limited time to create the early-mover competitive advantages in China. AUO is calling for the government to perceive from the point of expanding the global influence of Taiwan's optoelectronic supply chain and consider adopting a more lenient industry policy implemented by Taiwan's competitor countries and lifting the current restriction on fab generation and M&A investments in order to provide Taiwan-based manufacturers with more flexibility for its global business strategy and boost Taiwan panel industry's global competitiveness.
The company's second 8.5G production line in the Central Taiwan Science Park (CTSP) will enter mass production in 2011. In the future, AUO will continue moving toward developing and investing in next-generation production lines in Taiwan and continue devoting itself to invest in Taiwan.
Article translated by Yvonne Yu
