Taiwan Feb. 11, 2011 Taiwan
K.Y. Lee Max Cheng Mau-Shin Hsiu Taiwan
The first phase construction of the ACC facility in Chungkang Export Processing Zone is around three hectares, and the total area after expansion will be 8.5 hectares. The equipment move-in is scheduled to take place this August with mass production planned in the fourth quarter. The initial capacity of multicrystalline ingots and wafers is estimated to reach 300 MW and will be increased gradually based on market demands. ACC will integrate R&D resources and technologies in the upstream of the solar industry to provide stable solar materials. It will also devise mid- to long-term marketing strategies to meet the demands of the global solar market. Through the vertical integration of the solar supply chain, ACC will be able to provide customers with a full line of products and better services and support.
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ABOUT AU O Crystal Corporation
AUO Crystal Corporation (ACC), a subsidiary company of AU Optronics, is a solar material provider. ACC incorporates M.Setek’s 28 years of experience manufacturing silicon wafers and its unique technology. ACC posses the strength of manufacturing of polysilicon, ingot, and wafer products so that owns the key to producing high-efficiency solar cell.
Safe Harbour Notice
AU Optronics Corp. ( " AUO " or the " Company " ) (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are " forward-looking statements " within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management ‘ s expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled " Risk Factors " May 11th, 2010
SOURCE AU Optronics Corporation