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AU Optronics expects growth in H2 - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
AUO net profit hits 13-year high SUSTAINABLE GROWTH: The panel maker said it has been running at full capacity since the middle of last year, but is still unable to fully satisfy customers’ demand By Lisa Wang / Staff reporter Display panel maker AU Optronics Co (AUO, 友達光電) yesterday said that first-quarter net profit hit a 13-year high of NT$11.83 billion (US$423.26 million), as the COVID-19 pandemic-induced stay-at-home economy stimulated demand for panels for TVs and computers. AUO expects the growth momentum to carry through the rest of the year and be sustainable in the longer term as work from home, remote schooling and home entertainment become the new norm. ....
AUO transformation plan succeeding FUNDAMENTAL CHANGES: The LCD panel maker said that its goal is to ‘sell value’ by expanding its business scope and investing in firms in different supply chains By Lisa Wang / Staff reporter LCD panel maker AU Optronics Corp (AUO, 友達光電) expects value-added panels and new service solutions to account for as much as 20 percent of its overall revenue in 2023 as its transformation efforts begin to bear fruit, the company said yesterday. AUO has been pushing for fundamental changes for about eight years, aiming to eschew the panel industry’s boom-and-bust cycles by investing in capacity for value-added panels and expanding its business scope to vertical industries in the past three years. ....
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AUO Unveils Smart Vertical Solutions Backed by Premium Display Technologies through Joined Forces with Group Members Share Article At the coming Touch Taiwan 2021, the world’s leading exhibition for display industry, AUO will team with its subsidiaries including AUO Display Plus, Space4Money, and ComQi to start from applications in daily life including smart retail, transportation, sports, commercial application and entertainment to demonstrate its plentiful achievements derived from in-depth dedications in smart verticals by integrating high-end display technologies with various innovative cross-boundary solutions. AUO proprietary 14-inch switchable privacy laptop panel can provide a brighter and crystal-clear image quality as well as a wider viewing angle, compared to its counterparts in the market. ....