Asia Express - Display
Wistron to Establish LCD Optoelectronics Industrial Park in Zhongshan, Guangdong
November 06, 2009
Taiwan-based ODM (Original Design Manufacturing) company Wistron confirmed on November 2 that the company plans to build an LCD (Liquid Crystal Display) optoelectronics industrial park in Zhongshan, Guangdong Province, according to Commercial Times of Taiwan. Wistron has signed a three billion RMB (US$441.2 million; US$1=6.8 RMB) agreement with Zhongshan Torch High-tech Development Zone to that purpose. The project is expected to cover an area of over 740,000 square meters, with the first-phase investment estimated at 2.3 billion RMB (US$338.2 million). Construction on the first-phase project is slated for commencement on December 20, 2009 and completion in June 2010. It is estimated that Wistron's project will be able to attract about 30 upstream and downstream companies and create over 30,000 jobs. Main products to be manufactured in this industrial park are expected to consist of LCD TVs, LCDs, and front-end supporting products.