Au Optronics invests in clean energy, LCD modules

The LCD maker has formed an energy subsidiary

AU Optronics, the world's third largest make of LCD screens, is planning two new investments this year, one in solar panels and another in an LCD module venture in China.

The Taiwanese company plans to buy US$125 million in shares of Japanese polysilicon producer M.Setek for a majority share of the company, AU said in a statement Monday. The Japanese company produces basic materials for the solar panel industry.

AU has already established an energy subsidiary, AUO Energy Taiwan Corp., and dedicated research and development team for its new energy business. The venture will focus on renewable energy projects.

AU Optronics also on Monday announced an agreement to build a joint venture LCD module production plant in Sichuan, China, site of a major earthquake last summer that killed tens of thousands of people.

AU will partner with Sichuan Changhong Electric Co. on the venture, which will be called BVCH Optronics (Sichuan) Corporation. AU will hold a majority 51 percent share of the company, which will be capitalized at Chinese yuan 100 million (US$14.65 million).

The joint venture will produce screen modules for LCD monitors, LCD TVs, and other components, AU said.

Tags lcd tvslcdlcd monitors

Recommended

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dan Nystedt

IDG News Service

Comments

Comments are now closed.

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?