Asia Express - Display
AUO Restructures Company to Focus on TV Panels
November 18, 2005
AUO recently announced that it will restructure its company structure into two main groups, an Information Technology Displays group which will handle panels for desktop and notebook PCs, and a Consumer Electronics Group which will focus on TV panels and panels for mobile devices. The company stated that it is making this move to better focus on the rising demand for flat-panel TVs. Currently, PC panels account for the majority of the company's revenue, but the revenue share of TV panels is rising quickly, stimulating the company to implement the new structure in order to let this TV panel growth continue unhindered without interference from its other product segments.