world's third largest panel companies entered Taiwan's AU Optronics Tappi the signs of Kunshan is gradually clear.
source has the "First Financial Daily" said AUO is planning to acquire through stock transfer Tappi Optoelectronics Economic Development Zone Kunshan, Jiangsu. Kunshan City, Long Fei is fully built 7.5-generation panel business, but also the first to get formal approval of relevant state departments of high generation plant.
However, since last March to get the State Department of Environmental Protection's approval and officially approved by the NDRC, due to the lack of industry experience and core team, building the project in September last year after the foundation and has no practical of progress. Kunshan has a technology side is waiting for the team, industrial enterprises to participate in the background. As the number of local Taiwan-funded enterprises, therefore, to introduce AUO be the better choice.
However, the Kunshan Industrial Park Economic Development Zone Industrial Section is responsible for optical people on newspaper in a telephone Zhang Xiaodong, said AUO involved in Tappi concerned, There is no "official explicit" down, still need to be in Taiwan " Investment review committee "(the" Investment Review Committee ") approval.
so-called "equity transfer" approach, is expected to grow from Kunshan Tappi AUO original shareholders to acquire equity side. EPA Environmental Assessment Kunshan publicity information display, Tappi by the collective assets management Co., Ltd. Kunshan Development Zone, and Grand City Developments Limited a joint venture. Of these, more than half of the former holders of shares.
the source said, Grand City is the background to facilitate investment in Taiwan-funded platform, or 5 on behalf of the project Kunshan IVO controlling party Infovision Optoelectronics (Dragon Holdings) for. Latest information display, Tappi project participants for the "Dragon Holdings," has decided not to invest in equity and transferred to AUO.
AUO to the official did not confirm the news. However, the Executive Vice President, Global Peng double wave during an interview two weeks ago, said that AUO is open, and the Kunshan not rule out the possibility of local generation projects in the high cooperation.
However, it needs to Taiwan, "Investment Commission committee" review. AUO has finalized a month ago, will build a 7.5 Generation in Kunshan plant in Taiwan earlier this month to "vote Examination Committee" to submit the investment application, however, 5 days ago, the latter to "fill up" the grounds that it withdrew back.
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