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

Mar 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: Sony's PlayStation offline, Microsoft's Xbox restored

add to favorites email to friend print save as pdf

Related Stories

Taiwan lets chip firms invest in China: report

Jan 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.

Taiwan invited to light up Chinese cities

Jun 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.

Recommended for you

Sony's PlayStation 'gradually coming back'

3 hours ago

Sony was still struggling Saturday to fully restore its online PlayStation system, three days after the Christmas day hack that also hit Microsoft's Xbox, reporting that services were "gradually coming back."

Uber broke Indian financial rules: central bank chief

3 hours ago

India's central bank chief lashed out at Uber, already under fire over the alleged rape of a passenger, saying the US taxi-hailing firm violated the country's financial regulations by using an overseas payment ...

Taxi app Uber defies ban in Spain

Dec 26, 2014

Smartphone car-ride service Uber vowed Friday to keep operating in Spain despite a ban following a lawsuit by taxi drivers and said it would fight the case in court.

Sony film mess reflects gadgets-entertainment gap

Dec 26, 2014

Sony's iconic gadgetry and the star appeal of Hollywood may have appeared to be a perfect match when the electronics giant bought Columbia Pictures in 1989. A quarter century later, it's apparent that Sony ...

User comments : 0

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.