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AUO submits app for G7.5 LCD fab in China

Posted: 22 Mar 2010     Print Version  Bookmark and Share

Keywords:China fab  LCD  front-end  manufacturing 

Taiwan's AU Optronics Corp. plans to open a G7.5 TFT-LCD front-end manufacturing fab in Kunshan, Jiangsu. As required it has submitted an application regarding the investment plan to the Investment Commission of the Ministry of Economic Affairs.

According to the government regulation, the investment project application is subject to approval by the Core Technology Committee. AUO expects the investment would bring more convenient and in-time services to its customers in China, and that it could also strengthen AUO's competitiveness in China's TV market.

AUO expects that the total amount of investment for the G7.5 fab will be approximately Rs.13,853.10 crore ($3 billion). AUO plans to inject Rs.5,541.24 crore ($1.2 billion) as capital, in addition to local financing support.

AUO will continue to invest in new generation lines in Taiwan. The equipment for the second production line of G8.5 is scheduled to move-in in the Taichung Science Park by the end of 2010. AUO will continue to develop its display business in Taiwan.

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