AUO and TPV to establish joint venture for LCM production and TV ODM in Poland

AU Optronics (AUO) held a meeting of the board of directors on March 12, 2010, at which the board approved a resolution establishing a joint venture of TFT-LCD module production and TV-set ODM with TPV Technology in Gorzow, Poland, with a view to provide closer services to customers and to develop the European market.

If the investment plan is approved by the relevant regulatory authorities, the joint venture will be another strategic alliance for AUO and its partner as well as a new operation model to supply international brands locally, it said. Meanwhile, it is the third module plant for AUO to develop the European market with more complete on-site services after establishing manufacturing sites in the Czech Republic and Slovakia.

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