AUO Chen LaiZhu: the future will invest LED and solar cell

The famous Taiwan AUO LCD panel manufacturers (AUO) from July 2008 to September (the third quarter) settlement results in substantial reduction debuff. Sales decreased 25% over the same period last year, down to NT $104 billion 72 million, operating profit decreased by 90%, down to NT $2 billion 683 million, net profit decreased by 96%, down to NT $.

Third quarter large LCD panel supply decreased by 6.9% over the same period last year, down to $2 million 72 thousand. However, in terms of area, roughly the same as the same period last year. The price per square meter decreased by 27.3% over the same period last year, down to $1089. TV LCD panel average price of $312 per unit, a decrease of 6.6% over the same period last year, personal computers using LCD panels for $77, a decrease of 36.9%.

The supply of small and medium LCD panels increased 50.2% over the same period last year, reaching $61 million 100 thousand, sales grew by 7.1%, reaching NT $15 billion, the business situation is good.

Chen Laizhu, President of the company's LCD panel business to improve the performance of the policy: "efforts to cut costs. Production of products with added value. Strengthen cooperation with TV manufacturers". The company announced plans for production capacity for the year ended December 08, but all of them were the same as those in the 08 years of September. Chen said: "in the future will invest in LED and solar cells".

Source: Nikkei BP