Asia Express - Display
AUO Sells Remaining FDTC Stakes, Sharp Takes Over Lines, Patents
June 23, 2005
AUO has sold the remaining 10% stake it held in FDTC (Fujitsu Display Technologies Corporation) back to Fujitsu. FDTC's two production lines, employees, and Fujitsu Logistics' LCD related patents were already transferred to Sharp in early June. Sharp agreed in February 2005 to acquire FDTC from Fujitsu, who had plans to gradually withdraw from the flat panel display industry.