21 August 2008

AU Optronics Gets Land

Yesterday in the LCD Panel Market Roundup we noted AU Optronics was looking for land to to build four new LCD plants. The total investment was estimated to be at least T$400 billion ($12.7 billion). Yesterday the government granted them land in Erlin, Changhua County. Digitimes says:

The Taiwan government has selected a site in the central region of the island nation where AU Optronics (AUO) will invest NT$500 billion (US$15.91 billion) to build its next generation fabs, according to authorities with the Central Taiwan Science Park (CTSP).

During a meeting on Wednesday, a selection committee under the National Science Council decided on a piece of 400-hectare land in Erlin, Changhua County to be the site for a new CTSP campus where AUO will build its new fabs, the authorities said.

Well at least they have the new site. We will be on the lookout for news on the ground breaking ceremony.

Digitimes: Taiwan government decides site for AUO's NT$500 billion LCD fab projects

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