AUO to expand capex for 2021

What They Say

Digitimes reports that AUO is to boost its capex this year to boost LCD production. It will reach $785 million against around $550 million in 2020. The focus will be on IT panels for notebooks where the firm is concentrating on high end LTPS panels. In monitors, it will focus on gaming and larger curved panels.

It will boost its high end TV panels as well as it has developed large (85″), 8K and narrow bezel panels.

What We Think

AUO has been concentrating on higher value-added panels for some time as it makes the most of its experience and technology knowledge. (BR)