AU Optronics Corp (友達光電), the nation’s largest liquid-crystal-display (LCD) panel maker, is finalizing details on establishing a 7.5-generation plant in eastern China, a company official said.
“We are still preparing the final details for the submission,” company marketing manager Freda Lee (李秀芬) said by telephone yesterday. “We will submit the proposal as soon as possible.”
AU Optronics is aggressively moving into the Chinese market after new measures easing restrictions on Taiwanese panel and semiconductor manufacturing investment in China took effect this week.
The company, which has a complete supply chain, is evaluating potential sites in eastern China, and to stay close to its LCD module plant in Suzhou. Possible locations include Kunshan and Suzhou, it said.
Taiwanese panel makers were previously banned from setting up LCD panel production lines across the Strait. They had to ship panels produced in Taiwan to China, then assemble them with the modules manufactured there.
AU Optronics said it would be more cost-efficient to do all the production in China to enable direct delivery of the finished products to Chinese TV makers.
The company’s board approved the plan to invest US$1.2 billion for the 7.5-generation plant on Wednesday.
The Investment Commission, which is in charge of approving China-bound investments, has said it generally takes more than a month to assess whether a submission passes the mandatory requirements.
Separately, Powerchip Semiconductor Corp (力晶半導體), the nation’s second-largest computer memory chipmaker, said on Wednesday it would invest US$15 million to set up an LED factory in China, as it diversifies into the sustainable energy sector.
The company’s plant will be located in Xuzhou, Jiangsu Province.
Powerchip said it was still assessing the feasibility of setting up an 8-inch wafer fab in China.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —