Sat, Mar 01, 2008 - Page 11 News List

AU Optronics shares fall after storms hurt orders

GETTING IN TOUCH Analysts said that new orders for touch panels wouldn't pay off this year, estimating their contribution to revenue would only be about 1 percent

By Lisa Wang and Kevin Chen  /  STAFF REPORTERS

But it was Innolux Display Corp (群創光電) that emerged as Macquarie's top pick among the six, according to the note. Teo offered a target price of NT$206 for Innolux, which saw shares close 19.55 percent lower since the beginning of this year at NT$88.5 yesterday.

The other four panel makers recommended by Macquarie were Chi Mei Optoelectronics Corp (奇美電子), Chunghwa Picture Tube Inc (中華映管), HannStar Display Corp (瀚宇彩晶) and Novatek Microelectronics Corp (聯詠).

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