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AU Optronics says sees room to increase some panel prices

Post Time:Feb 27,2012Classify:Industry NewsView:39

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."

Read more: uk.reuters.com/article/2012/02/23/auoptronics-idUKL4E8DM51120120223

Source: http://www.glassonweb.com/news/index/15223/Author:

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