AUO and TPV establish joint venture in Poland
AU Optronics held a meeting of the Board of Directors on March 12, 2010, at which the Board approved a resolution establishing a joint venture of TFT-LCD module production and TV-set ODM with TPV Technology Limited in Gorzow, Poland.
If the investment plan is approved by the relevant regulatory authorities, the joint venture will be another strategic alliance for AUO and its partner as well as a new operation model to supply international brands locally. Meanwhile, it is the third module plant for AUO to develop the European market with more complete on-site services after establishing manufacturing sites in Czech and Slovakia.
The Board of Directors of AUO and TPV Technology approved, on the basis of strategic alliance, to set up a joint venture company combining TPV's image and business infrastructure in the European market, and the strength of AUO's technology in TV panel manufacturing. The joint venture will be named "BriVictory Display Technology Co., Ltd" with an initial capital of US$ 40 million. AUO and TPV will own 51% and 49% of the shareholding of the joint venture company, respectively.
The Board of Directors of AUO and TPV Technology approved, on the basis of strategic alliance, to set up a joint venture company combining TPV's image and business infrastructure in the European market, and the strength of AUO's technology in TV panel manufacturing. The joint venture will be named "BriVictory Display Technology Co., Ltd" with an initial capital of US$ 40 million. AUO and TPV will own 51% and 49% of the shareholding of the joint venture company, respectively.
Sales stagnate at Schweizer Electronic
Despite a seasonally weaker fourth quarter Schweizer Electronic AG was able to keep their annual sales stable at 105.4 million Euro compared to the previous year and within expectations.
Exclusive Interview
'Europe is still a growth opportunity'
What is Europe to an independent distributor like America II? A growth opportunity of course.
Endicott partners with Eltek in Israel
Endicott Interconnect Technologies, Inc. has appointed Eltek as its sales partner for Israel.
More News
- Goepel enters into partnership with nanoX
- Nokia Update: Hungary takes heavy hit
- Nokia to shift device assembly to Asia - cut 4,000 jobs
- Cliff Electronics wins US counterfeit case
- Fabrinet Q2 net income drops 310% YOY
- TRaC expands test facilities
- Cms electronics uses Assembléon’s equipment
- Korean defense manufacturers fined for cartel
- The end for Nokia's Salo factory?
- Indian joint venture aims at hi-tech cluster
- Es-system to light Aarhus Harbour
- Incap signs solar deal
- GPV moves into medical electronics
- Balda shareholder Octavian suffers loss at court
- Teardown: Samsung cuts LTE cost in half
- Teleplan to provide After-Market Service solution for Lenovo
- Matti Paasila resigns from Cencorp's Board of Directors
- Is 2012 a recession year?
- Fineline distributes FTG
- Carcinogens found at Samsung factory
- CT Production invests in AOI technology
- Printca is bankrupt
- Mitsubishi Motors ends vehicle production in Western Europe
- RiverSide Electronics purchases new SMT equipment
- Micron CEO dies in plane crash
- Torsten Pelzer heads Viscom Sales
- Huawei opens unit in Hungary
- Rohde & Schwarz and Hameg Instruments consolidate cooperation
- Inside the Asus AMD 7970 graphics card
- AU Optronics & Idemitsu Kosan collaborate
- Kimball complete Welsh & Californian closures in 2Q
- Bosch plans new Romanian factory
- Dynamic EMS invests in test equipment
- Thales Australia axes 50 jobs
- Sales down for Benchmark in 4Q
- Viscom sells Desktop AOI to Mosca Elektronik
- De'Longhi & Bosch add staff in Romania
- Xenterio close down in Offenburg
- Mikron acquires IMA Automation Berlin
- EMS: M&A activity down in 2011






Comments
Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.