Taiwan's AU Optronics to build three bln dlr China plant

March 15, 2010
An undated handout photo made available by AU Optronics in 2006 shows its production plant in Taichung, central Taiwan. AU Optronics said Monday it plans to spend three billion US dollars building a new plant in China as it looks to tap into the huge mainland market.

AU Optronics, a leading Taiwanese flat screen manufacturer, said Monday it plans to spend three billion US dollars building a new plant in China as it looks to tap into the huge mainland market.

The announcement follows Taiwan's relaxation of restrictions on and investment in China in February amid improving ties.

is planning on building an advanced, so-called "7.5 generation" plant in Kunshan, eastern Jiangsu province, meaning that it could make liquid crystal displays larger than 40 inches. Production is slated to start in 2011.

"We are glad to take advantage of the new China investment rules. The Kunshan plant is expected to help the company to get closer to its customers in that area," company spokeswoman Hsiao Ya-wen said.

Under the new rules, Taiwan's LCD makers are allowed to invest in "sixth-generation" and higher technology facilities on the mainland, on condition that they keep more advanced technologies at home.

AU Optronics' "8.5 generation" plant in Taiwan produces 50-inch panels.

Calls for easing controls on investment in the mainland have mounted among Taiwan's high-tech businesses, who argue that their competitors from and Japan have been stepping up activity there.

But Taiwan's opposition, which favours independence from Beijing, has repeatedly warned against easing controls, fearing closer economic integration.

Explore further: Taiwan invited to light up Chinese cities

Related Stories

Taiwan invited to light up Chinese cities

June 11, 2009

(AP) -- Chinese officials have invited Taiwanese companies to supply selected mainland cities with ultra-bright, energy-saving LED lights, the latest in a series of big business deals between the rivals.

Taiwan lets chip firms invest in China: report

January 25, 2010

Taiwan will allow its chip makers to invest in their counterparts in China in response to growing calls from the island's business community for closer high-tech ties, local media said Monday.

Recommended for you

Internet giants race to faster mobile news apps

October 4, 2015

US tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.

Radio frequency 'harvesting' tech unveiled in UK

September 30, 2015

An energy harvesting technology that its developers say will be able to turn ambient radio frequency waves into usable electricity to charge low power devices was unveiled in London on Wednesday.

Professors say US has fallen behind on offshore wind power

September 29, 2015

University of Delaware faculty from the College of Earth, Ocean, and Environment (CEOE), the College of Engineering and the Alfred Lerner School of Business and Economics say that the U.S. has fallen behind in offshore wind ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.