AUO, Sichuan Changhong to form TFT-LCD module JV

Hsinchu, Taiwan — AU Optronics Corp. (AUO), a leading TFT-LCD panel maker, and Sichuan Changhong Co. Ltd. have announced their joint-venture plans for a TFT-LCD module production plant.

If the investment plan is approved by the government, the joint venture is expected to form closer ties between AUO and the Chinese local brand maker, which will expand AUO’s presence in West China.

The joint venture, to be named BVCH Optronics (Sichuan) Corp., will be 51 percent owned by AUO and 49 percent by Sichuan Changhong. Initial capital is pegged at RMB $100 million or about $15 million.