AUO plans to build new LCM plant in Xiamen

AU Optronics Corp (AUO) announced that the company has planed to set up a new

LCD module manufacturing site in Xiamen, Fujian Province, which will be the

company's second plant in mainland China. The initial investment will be US$ 50

million, including the new plant and a sales facility. AUO expected the new

plant would be a base to develop Southern China market. The new subsidiary would

be named AU Optronics (Xiamen) Corp. AUO pointed out that the investment and

development of the company in Central Taiwan Science Park (CTSP) in the few past

years have not reached the growing demand in the future; the company has to set

up new plan to avoid the shortage. Moreover, the main concern of the new plant

is to be near the customer.