Dollars Set
Au Optronics To Spend 1.2 Billion U.s. Dollars In The Mainland Construction 7.5 Generation Panel
3 4 AP, Taiwan’s largest LCD panel Manufacturers AU Optronics board formally adopted a resolution today, will spend 1.2 billion U.S. dollars in mainland China, a subsidiary of the new 7.5 generation panel plant construction, factory location is expected in the east, while at the appropriate time to Taiwan’s “Ministry” to apply.
This is the Taiwan’s “Ministry of Economic Affairs,” the evening of February 10 announced a conditional open for more than 6 generations in Taiwan LCD panel production line investment in the mainland, the AU’s latest trends, previously, including the chairman of parent company BenQ Group Li Yao, including AU Optronics xj are several high-level expression of the intention to set up plants in mainland China, Li Yao, said xj investment in the mainland will reach NTD 100 billion yuan (about 213.2 yuan). AU Optronics, BenQ, as the continent with the door company based in Suzhou, it settled down in Suzhou, the LCD panel is possible.
AU Optronics is the world’s third-largest LCD panel maker, second only to South Korea Samsung LG Electronics and its subsidiary LGDisplay.
Local panel makers because the mainland BOE And the investment involved in TCL 8.5 generation LCD plant, the original little bit “hesitant” in Taiwan and South Korean companies accelerated the pace of investment in the mainland.
TCL Group, a joint venture by the 8.5 generation LCD plant Hua Xingguang I Project on January 16 this year in Shenzhen Foundation and construction. The total investment is 24.5 billion yuan, registered capital of 10 billion yuan, from the TCL and deep over the Company holding 50%. Project put into operation in August next year, next by the end of the trial production. Project Phase II will begin construction of a project is put into production, mass production the end of 2012. After the project annual 26,32,46,55 inch LCD TV Panel of about 14 million, annual production value of about 16.867 billion yuan.
Total investment of 17.5 billion yuan in Hefei, the sixth generation TFT-BOE LCD LCD panel production projects, will be held April 13, 2009 ground was broken in the Hefei New Station District. BOE cooperation with the Beijing Municipal Government on behalf of eight lines, also on Aug. 31, 2009 Foundation, Beijing, eight generations of TFT-LCD line is the BOE’s 5th generation line, following Beijing, Chengdu and 4.5 on behalf of the line, Hefei, on behalf of line 6, after another key project . The total investment is 28 billion yuan, 17.2 billion yuan of capital. Project construction area of about 680,000 square meters, the design capacity of 90,000 glass substrates per month, is expected to enter mass production by 2011 three quarters.
End of last year the South Korean government released a Samsung and LG LCD panel plant in China and building plans. LGDisplay has signed memorandum of cooperation with the Guangzhou municipal government will invest 4 billion U.S. dollars set up in Guangzhou 8.5 on behalf of the line Panels, is expected to be in volume production in 2012. Samsung Electronics has decided to invest 2.25 billion U.S. dollars in China Construction of 7.5-generation panel production line co-operation, is expected to set up factories in the Suzhou area.
But now that the mainland companies to invest in LCD panel and the funding pressures facing the shortage of manpower and capacity to repeat, and many other challenges. TCL Group has decided to adopt the market orientation and additional 5 billion yuan through bank loans to address funding pressures. The BOE has been in deficit, and government support through a private placement of funds and land to raise funds. Because the mainland LCD panel
lack of talent, Huaxing Guang out power and even 3 years the price for 10 million yuan to Taiwan companies to lure them away. Mainland China LCD
overcapacity problems of concern, the data indicate that the current 7.5-generation line to be built and over as many as factory has 6, including Sharp Cooperation with the Nanjing Municipal Government, 8 on behalf of the line, radio and television and the Kunshan city government Dragon 8.5 on behalf of the line, wide new photovoltaic (Chi Mei of Taiwan) and the Foshan municipal government’s 8.5 generation line, LGDisplay cooperation with the Guangzhou municipal government on behalf of 8 line, Samsung’s 7.5-generation and Suzhou Municipal Government line, and the BOE for 8 in Beijing on behalf of the line. Each line according to an annual output of a 10 million meter panel, for a total panel production at 100 million.
There have been multiple remind China the problem of excess production capacity, after receiving ZDNet interview Li Dongsheng has said that as China LCD TV on the increased demand, coupled with TCL TV-occupied, at least their investments in the production line does not exist excess capacity problem.
About the Author
I am China Manufacturers writer, reports some information about refractometer salinity , ets tanning bed.
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