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Electronics Production | June 01, 2010

AU Optronics and SunPower invest in new facility

AU Optronics and SunPower to jointly invest in solar cell manufacturing facility in Malaysia.

AU Optronics held a meeting of the Board of Directors on May 27, 2010, at which the Board approved the resolution of a joint venture to construct and operate a solar cell manufacturing facility in Malaysia with SunPower. The joint investment in Malaysia will be US$700 million. AU Optronics and SunPower will each contribute US$350 million over several installments, owning 50% of the shareholding respectively.
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