The spending to lay solid foundation for them to explore the increasingly bullish market for high-definition display panels
May 25, 2015 | By Quincy Liang
Compiled by QUINCY LIANG
Reportedly holding optimism toward the market, four major Taiwanese makers of thin film transistor-liquid crystal display (TFT-LCD) panels have decided to invest about NT$79.5 billion (US$2.65 billion) as whole in capital spending this year, up 80 percent from 2014 to be the largest sum of its kind in four years. Such capital spending, according to the panel makers, will be used to carry out production-capacity expansion and overcoming technical bottlenecks.
Among the four companies, AU Optronics Corp. (AUO) plans capital spending of about NT$40 billion (US$1.33 billion), up 135 percent from 2014; while Innolux Corp., Chunghwa Picture Tubes Ltd. (CPT) and HannStar Display Corp. NT$35 billion (US$1.17 billion, up 70 percent year-on-year or YoY), NT$2 billion to NT$2.5 billion (US$66.7 million to US$83.3 million), and NT$1.5 billion to NT$2 billion (US$50 million to US$66.7 million), respectively.
With recovery in global demand for TFT-LCD panels, the panel makers generally deem to hold enough capital for the annual spending this year. However, both AUO and Innolux have mapped out capital-increase projects to issue 950 million shares each.
AUO had actual capital spending of NT$17 billion (US$566.7 million) in 2014, less than NT$20 billion (US$666.7 million) it had originally planned. This year the company plans to pour more money into expanding the production capacity of its 8.5-generation (8.5G) panel factory and installing equipment at its scheduled 6G low temperature poly-silicon (LTPS)-TFT in Kunshan, Jiangsu Province of China.
Paul Peng, president of AUO, said his company plans to add additional monthly capacity of 25,000 to 30,000 substrates at the 8.5G panel plant in Taiwan, and the capacity expansion plan is scheduled for completion by 2016.
At AUO's Kunshan facility, he added, LTPS production is expected to kick off in the second half of 2016.
Paul Peng, AUO's president, introduces an 85-inch 4K LCD TV panel. (photo from UDN)
Innolux is focusing on high color gamut panels since its introduction of such products in Q4, 2014. (photo from UDN)
Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...
Taiwan's auto parts market has seen positive impacts as the Chinese automotive market continues to grow in its sixth consecutive month. Hotai Motors and Yulon Nissan Motor are the two significant firms enjoying the leverage. The island's related industries are benefiting from the strong performance of China's automotive market. Industry members say as long as competitive Taiwanese firms mainta...
Industry experts expect to see challenging times ahead for production in the foundry sector, forecasting that the current situation will not let up in the short-term and warns of unbalanced supply-demand next year. During the pre-pandemic era, IC design firms say clients usually made urgent orders to avoid having to manage inventory. Yet, considering limited foundry production volume, clients ...
Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...
The COVID-19 pandemic has deeply affected global and Taiwan's political and economic landscapes. Unlike some industries, the furniture sector did not escape unscathed, facing a squeeze from management and costs. While Taiwan continues to implement a stable, successful outbreak response, the industry has also misjudged the economic downturn duration. The furniture industry has yet to fully recover...
The Taiwanese government has pledged to lead the effort in further developing the sustainable green economy, which is among the sectors highlighted in the Tsai administration's "5+2 Innovative Industries Initiative." Economic Daily News is hosting the "2020 Energy Vision Summit - Green Energy 2.0" on November 11. As one of the government's core policies, improving the island's energy self-suff...
Eyes Stake in 5G Industry with Impedance Analyzer 6632 With greater demand for electronics and manufacturers' need for more precise and diverse applications than before, testing equipment that ensures the reliability, safety, and quality of parts are in hot demand. Founded in 1993, Microtest Corp. is a professional maker and developer of high precision and automatic testing and measurement ins...
Insisting that its customers are always a top priority, Ho Shuan Enterprise Co., Ltd.'s R&D team provides the best educational furniture and peripherals, computer tables, and desks to meet all customer requirements. Established in 1986, Ho Shuan has experienced recent sluggish local market performance, but eventually rebounded and came back better than ever. Despite difficulties, the firm neve...
Chyn Fuh Enterprise, founded in 1993, entered the market with the sole aim of offering other OA metal furniture options for customers. Since its inception, Chyn Fuh has focused on designing and producing OA metal furniture, providing various office use products, including file cabinets, storage cabinets, office desks, and different assistive metal products. Chyn Fuh partook in many government ...
■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...
Founded in 1980, Paul Master Auto Parts Co. is headquartered in Taiwan, a professional manufacturer of chassis and engines parts for passenger cars, trucks, and industrial trucks including forklifts. General Manager Terry Liang said the company has its own professional design department, which provides customized products and specifications for global buyers, including automobile steering and...
Taiwan First brakes Technology Co., Ltd.
Sep 04, 2019Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...
As the only hardware and hand tools trade show taking place this year globally, the three-day Taiwan Hardware Show (THS) will soon kick off on 13th October at the Taichung International Exhibition Center. Positive industry outlook for the post COVID-19 era has led to over 370 companies signing up as exhibitors, in a bid to gear up for a long-awaited economic recovery and plan the next strategic m...
Driven by market prospects, domestic and international exhibitors actively prepare International Fastener Show China in Shanghai on November 3-5, 2020. Suffering from global epidemic and quarantine nearly half year, exhibitions are hot and popular in mainland China. Thousands of visitors join and visit the exhibitions with inquiries, and are eager to know new technology. Domestic and inter...
2020 Medical Taiwan is slated to kick off on Oct. 15 to Oct 17 at Nangang Exhibition Hall 2. Aside from events at the show, show organizer Taiwan External Trade Development Council (TAITRA) is also hosting the “Medical Taiwan Virtual” online edition at the same time due to travel restrictions impacted by the COVID-19 pandemic. The virtual edition will present 200 exhibitors and over 700 medic...
