Rumor: Taiwan to Allow More Mainland Investment in Panel Plants

NetEase Tech, 3/09/12

A recent industry rumor claims that the Taiwanese Ministry of Economic Affairs is researching plans to relax restrictions on mainland Chinese investment in LCD panel manufacturing by doing away with the current 10% investment ceiling. Paul Peng, executive VP of Taiwanese panel maker AU Optronics (AUO), said that regardless of how policy on mainland investment may or may not change, AUO would happily discuss partnerships with Mainland investors permitted by cross-straits policies.

Taiwan's Ministry of Economic Affairs began permitting Mainland Chinese investments in Taiwan in 2011. In the case of panel manufacturing, Mainland investors are permitted to hold up to 10% of Taiwanese companies, a share which, owing to the large-scale of capital investment required in the panel industry, is already valued at NTD 8 bln.

Keywords: display hardware policy LCD Taiwan AUO Paul Peng cross-straits investment

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