AU Optronics to Merge with Chunghwa Picture Tubes

There is a rumor that AU Optronics (AUO) will be merging with Chunghwa Picture Tubes (CPT) on Friday, December 4, 2009. AUO will soon lose its position as #1 LCD supplier in Taiwan thanks to Chimei Innolux. A merger with CPT would bring that crown back to AUO. CPT is focusing on panel production for notebook PCs and small/medium applications. Consolidation in Taiwan will certainly help in streamlining the LCD supply chain and making the entire Taiwanese LCD industry more competitive. Source: DIGITIMES

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