2020-05-07

AUO Spins off Its General Display and PID Businesses to Focus on Market Diversification

Taiwan-based panel maker AU Optronics (AUO) is going to demerge its General Display and Public Information Display businesses and set up a new wholly owned subsidiary Da Qing. By establishing the new company, AUO aims to accelerate the building of ecosystems with partners across diverse domains, extending the value chain for smart display applications, integrating AIoT and novel technologies to seize new market opportunities. (Image: AUO) Facing severe competition in the panel industry and the declining market demand resulted by the coronavirus outbreak, globa...
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