Innolux Technology, a LCD panel maker part of the Hon Hai Group, will be entering the exploding LCD TV market. Lu Po-yien, former EVP at AUO is now GM of Hon Hai’s LCD department and will be responsible for LCD TV assembly operatings at Hon Hai and prepare Innolux to build a G7 LCD plant. Bold and ambitious, but the LCD TV panel making market is crowded with bigger badder players like Sharp, LG.Philips LCD, Samsung, AUO and CMO. Most of these players had a disappointing Q2 mostly because of tanking prices for LCD TV prices. Read more at Taiwan Headlines.