Asia Express - Display
AUO Reportedly Mulls LCD Panel Project in Slovakia
May 07, 2009
Taiwanese LCD (Liquid Crystal Display) panel manufacturer AUO is expected to finalize an agreement with Slovakia on setting up an LCD panel manufacturing facility in the country, according to an April 30 Reuters report. It is reported that the project has been agreed on, and AUO and the Slovak authority are presently negotiating the final details. The Reuters report also said that AUO is expected to invest 200 million Euros (US$266.67 million; US$1=0.75 Euro) in this project, which is estimated to create 3,000 jobs. An AUO spokesperson stated that the company is currently reviewing the site for its new Europe plant, and Slovakia is but one option, according to a Chinese-language Wall Street Journal report on April 30.