AU to build 4 new LCD plants in Taiwan over 10 yrs

Taiwan's govt said that AU Optronics will invest about $12.7 bn to build four new LCD plants over the next 10 years, as part of the firm's commitment to invest in Taiwan.

TAIPEI: Taiwan's government said on Wednesday that AU Optronics will invest about T$400 bn ($12.7 bn) to build four new LCD plants over the next 10 years, as part of the firm's commitment to invest in Taiwan.

The first plant will use more advanced generation 10 or above manufacturing technology, with operations starting in 2011-2012, the cabinet said in a statement.

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