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AU Optronics We spent $ 1.2 billion in generating continental panel construction of 7.5
AP April 3, in Taiwan's largest LCD panel makers AU Optronics Council formally adopted a resolution today, spent U.S. $ 1.2 billion in mainland China, a subsidiary of the panel of new generation plant construction 7.5, the site of the plant is expected in the East, while at the right time for Taiwan "Ministry" to apply.
Taiwan is the "Ministry of Economic Affairs," The night of 10 February announced a conditional opening over six generations in Taiwan investment in LCD panel production line AU continental trends, above, including the president of the parent company, Li Yao BenQ, AU Optronics xj various levels of expression of the intention to set up plants in mainland China, Li Yao, said the investment in Continental will XJ to NTD 100 million yuan (about 213.2 yuan). AU Optronics, BenQ, as the continent with the company based in Suzhou, Suzhou moved in, the LCD panel is possible.
AU Optronics is the third largest LCD panel maker, second only to South Korea's Samsung Electronics and its subsidiary LG LGDisplay.
Local officials of the panel, because the continent BOE and investment involved in the generation of TCL 8.5 LCD plant the original bit "hesitant" in Taiwan and South Korean companies have accelerated the pace of investment in the continent.
TCL Group, a joint venture between generation LCD plant Hua Xingguang 8.5 I proposed on 16 January this year in Shenzhen Foundation and construction. Investment total of 24.5 billion yuan, the capital of 10 million yuan, TCL and depth of the holding company of 50%. Project commissioned in August next year following the end of the production test. Phase II will begin construction of a project is put into mass production production in late 2012. In accordance the project 26,32,46,55 annual LCD TV around 14 million euros, the value of annual production of about 16.867 billion yuan.
The total investment of 17.5 billion yuan in Hefei, the sixth generation TFT-LCD production projects BOE LCD panels will be held in April 13, 2009 ground was broken Hefei in the district of the new season. Cooperation with the municipal government of Beijing BOE on behalf of eight lines, also August 31, 2009 Foundation in Beijing, eight generation TFT-LCD line is the fifth generation of the BOE, after Beijing, Chengdu and 4.5 for the line, Hefei, on behalf of line 6, after another key project. The total investment is 28 million yuan, 17.2 billion yuan capital. Area construction project of about 680,000 square meters, the capacity rating of 90,000 glass substrates per month, is expected to enter mass production in 2011 three quarters.
Late last year, The South Korean government issued a Samsung and LG LCD panel plant in China and building plans. LGDisplay signed a memorandum of cooperation with the municipal government Guangzhou will invest U.S. $ 4 billion established in Guangzhou 8.5 on behalf of the online groups, must be in volume production in 2012. Samsung Electronics has decided invest 2.25 billion U.S. Dollars in construction in China of 7.5 generation panel production line is expected cooperation to establish factories in the region of Suzhou.
But now that companies invest in the mainland LCD panel and the funding pressures facing shortage of manpower and the ability to repeat, and many other challenges. TCL Group has decided to adopt the market orientation and another 5 million yuan through bank loans to meet the funding pressures. The jury has been in deficit, and support government through a private placement of funds and land to raise money. Due to mainland LCD panel
the lack of talent, Huaxing Guang, excluding food and even years 3, at a cost of 10 million yuan for Taiwan businesses to be diverted. Mainland China LCD
overcapacity problems of interest, current data indicate that 7.5 generation lines and build as much as the plant has six, including Sharp's cooperation with the municipal government of Nanjing, 8 on behalf of the line radio and television and the government of Kunshan City, on behalf of Dragon PV 05.08 online, great new (Chi Mei of Taiwan) and the Municipal Government of Foshan production line is 8.5, cooperation with the government LGDisplay Guangzhou City, on behalf of line 8, the Samsung line of 7.5 generation and Suzhou Municipal Government and the BOE of 8 in Beijing on behalf of the line. Each line under an annual production of 10 million board feet, for a total production panel of 100 million euros.
There have been several remind China the problem of excess capacity, after receiving maintenance ZDNet Li Dongsheng, said China LCD TV on demand, together with TCL TV-occupied, at least their investments in the production line is not a problem of overcapacity.
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