Flat panel maker AU Optronics Corp (AUC, 友達光電) said yesterday it was planning to build TV set assembly bases in Europe and the North America next year.
“AUO will make the investments through its subsidiary in China, BriView Technology Corp (景智科技), tapping the markets in Europe and America,” said AU Optronics spokesperson Hsiao Ya-wen (蕭雅文).
Paul Peng (彭雙浪), executive vice president of AUO’s Global Business Unit, said BriView was likely to establish TV set assembly facilities in the Czech Republic, where AU Optronics runs a flat panel assembly plant, but the joint venture was also considering other options.
In North America, Peng said, BriView may choose Mexico. The US will be an unlikely site for the new investment because of high production costs, he said.
BriView, which has been contracted by major global TV vendors to produce LED TV sets on an OEM basis, is expected to ship about 1 million TVs this year, less than the company had previously estimated.
Peng said BriView was expanding, however, to boost its monthly production capacity to 200,000 to 300,000 units in the near future.
In China, AU Optronics also operates flat panel assembly plants in Suzhou, Songjiang and Xiamen, while it is working with Chinese home appliance firms, such as Sichuan Changhong Group (四川長虹集團), Haier Group (海爾集團) and TCL Group, to run flat panel assembly facilities.
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
EARLY TALKS: Measures under consideration include convincing allies to match US curbs, further restricting exports of AI chips or GPUs, and blocking Chinese investments US President Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under former US president Joe Biden to limit Beijing’s technological prowess. Trump officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron Ltd and ASML Holding NV engineers from maintaining semiconductor gear in China, people familiar with the matter said. The aim, which was also a priority for Biden, is to see key allies match China curbs the US
NOT TO WORRY: Some people are concerned funds might continue moving out of the country, but the central bank said financial account outflows are not unusual in Taiwan Taiwan’s outbound investments hit a new high last year due to investments made by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and other major manufacturers to boost global expansion, the central bank said on Thursday. The net increase in outbound investments last year reached a record US$21.05 billion, while the net increase in outbound investments by Taiwanese residents reached a record US$31.98 billion, central bank data showed. Chen Fei-wen (陳斐紋), deputy director of the central bank’s Department of Economic Research, said the increase was largely due to TSMC’s efforts to expand production in the US and Japan. Investments by Vanguard International
STRUGGLING TO SURVIVE: The group is proposing a consortium of investors, with Tesla as the largest backer, and possibly a minority investment by Hon Hai Precision Nissan Motor Co shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc to aid the struggling automaker. The group believes the electric vehicle (EV) maker is interested in acquiring Nissan’s plants in the US, the newspaper reported, citing people it did not identify. The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Hon Hai Precision Industry Co (鴻海精密) to prevent a full takeover by the Apple supplier, the report said. The group is