AUO to Invest US$3 Bln in 7.5G LCD Plant in China
March 19, 2010
Taiwanese LCD (Liquid Crystal Display) panel manufacturer
AUO has applied to the Investment Commission of Taiwan's MOEA (Ministry of
Economic Affairs) for the establishment of a 7.5G LCD panel plant in Kunshan,
China, Economic Daily News reported. The application was submitted on March 15,
and the total investment in the Kunshan plant is estimated at US$3.0 billion. AUO
is expected to make a capital expenditure of US$1.2 billion on this project
over three years, and the remaining US$1.8 billion will be financed locally.
AUO projects an initial production capacity of 60,000 glass substrates per
month at the Kunshan plant. Monthly output is expected to grow to over
90,000 sheets ultimately.