AU Optronics says sees room to increase some panel prices

Date: 27 February 2012
Feb 22 (Reuters) - Taiwan's AU Optronics Corp, the world's No.4 LCD maker, sees room to increase prices in some panel segments, such as the newer generation of large-sized panels, due to a supply shortage.

LCD makers have posted quarters of losses as they combat falling prices, weak demand and high investment costs. AU reported a worse-than-expected loss for the fourth quarter earlier this month, but forecast a pick up this year and stable panel prices.

"Every segment has different demand and supply," President Paul Peng told reporters after a company event on Thursday. "We are raising prices for our 7.5 generation 40- and 42-inch TV monitors."

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