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AUO increases LCD TV panel production

Posted: 22 Feb 2006 ?? ?Print Version ?Bookmark and Share

Keywords:LCD TV panels? AU Optronics?

AU Optronics Corp. (AUO) plans to intensify its production of LCD TV panels, aiming to increase its share in the worldwide market from 15 percent in 2005 to 20 percent this year.

The global market for LCD TV panels reached 27 million units in 2005, with AUO contributing total shipments of about 4 million units, according to AUO EVP Hsiung Hui.

The company expects its TV panel shipments to increase by 20 percent this quarter, from 1.5 million units in the last quarter of 2005. Hsiung added that the share of 32-inch and larger TV panels out of the company's total shipments will increase from 39 percent last quarter to 47 percent this quarter. Furthermore, the company will ramp up the shipment share of 37-inch panels to 12 percent, from last quarter's 4 percent.

Hsiung also forecasts that prices of 37-inch LCD TVs in the United States will decline by 29 percent from $2,100 in January to $1,500 by year end.

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