AU Optronics Corp (AUO, 友達光電), Taiwan’s largest maker of liquid-crystal displays (LCD), plans to build two 11th-generation factories in central Taiwan, the most-advanced facilities in the country.
Hsinchu-based AUO will also build two 10th-generation facilities in the Erlin (二林) district of the Central Science Park, the Cabinet said in a statement late yesterday.
Later generation designations indicate larger sheets of LCD glass, allowing the manufacturer to make bigger screens for use in TVs at a lower cost per display. The Cabinet said on Aug. 27 that AUO would invest NT$400 billion (US$12.5 billion) in four factories with plans to hire 10,000 workers.
AUO’s facility would overtake Sharp Corp’s 10th-generation factory to have the largest LCD panels in the world. Larger rival Samsung Electronics Co is considering a venture with Sony Corp to also build an 11th-generation plant, the Korea Times reported on July 11.
AUO gained 5.6 percent to NT$37.5 yesterday, compared with a 2.35 percent advance by the TAIEX.
NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities. The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi. ASML, whose top customers include Taiwan Semiconductor Manufacturing Co (台積電) and Samsung Electronics Co, makes lithography machines that can print
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Wall Street is licking its chops over an unprecedented slate of massive initial public offerings (IPOs) set to arrive in the coming months, beginning with Elon Musk’s Space Exploration Technologies Corp (SpaceX) next month. That is expected to be followed by artificial intelligence (AI) rivals OpenAI and Anthropic PBC. The trio of mega listings, each eyeing valuations around US$1 trillion or more, constitutes a heady period of elevated risk and reward. SpaceX is targeting an IPO that would raise up to US$80 billion — about double the funds generated from all IPOs last year. OpenAI and Anthropic are eyeing IPOs raising US$60 billion. “We’re
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