AU Optronics, other flat-panel makers face parts shortages

Date: 13 October 2003
Source: Etaiwannews.com

Date: 13 October 2003

AU Optronics Corp., Taiwan's biggest maker of flat-panel displays, said surging sales of flat-screen televisions has caused a shortage of parts.

That may hinder plans by computer makers like Dell Inc. to begin producing the TVs.

Component suppliers such as glassmaker Corning Inc. and Novatek Microelectronics Corp. said they have more orders than they can fill in the US$37.7 billion market for flat screens used in mobile phones, notebook computers and TVs. Shortages of some parts may last six months, AU Optronics Executive Vice President Lu Po-yen said in an interview.

Rising display prices may benefit companies like Corning and screenmakers such as Samsung Electronics Co. that produce their own components, while narrowing profit margins for Benq Corp., Lite-On Technology Corp and other display assemblers. Competition for parts may worsen as computer makers such as Dell and Hewlett-Packard Co. start making flat TVs.

"What's driving the tightness is demand for TVs," said Pedro Tai, who counts shares in Taiwanese flat-panel makers among the equivalent of US$200 million he helps invest for ABN Amro Asset Management Taiwan. "The more upstream you are, the better off you are. The assemblers' value-added is lower."

600450 AU Optronics, other flat-panel makers face parts shortages glassonweb.com

See more news about:

Others also read

MORE...

Southwall Technologies Secures New Bank Loan and Equity Financing Agreement Led by Needham & Company
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
Emirates Glass wins major deals
Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Micro-Tek Canada, Inc. and Co-Ventures in Glass Containers, Ltd.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
Autoglass maker dumps dumping charges
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
History of Glass Wine Bottles
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.
Praxair's Specialty Gases Plant Attains New ISO 9000 Standard
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.

Add new comment