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Article: AUO and Toppan Printing Announce Strategic Alliance in Color Filter Supply Chain.
- Article from:
- PR Newswire
- Article date:
- August 8, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AUO to Acquire 39.7% Shares of Toppan CFI (Taiwan)
HSINCHU, Taiwan, Aug. 8 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) and Toppan Printing Co., Ltd. today announced their strategic alliance in the color filter business for liquid crystal displays in Taiwan. The extensive alliance, which has been approved by Boards of Directors of both parties, ensures a wide range of joint effort in color filter supply and business operation as well as technology. AU Optronics will take a 39.7% equity stake in Toppan CFI (Taiwan), currently a subsidiary of Toppan Printing that manufactures color filters in Taiwan.
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