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AUO cuts capex with LCD industry yet to see bottom, says chairman

Rebecca Kuo, Pingtung; Joy Wan, DIGITIMES Asia Thursday 29 September 2011 0

AU Optronics (AUO) has reduced its 2011 capex to less than NT$70 billion (US$2.3 billion), down 30% from NT$90-95 billion, and does not rule out the possibility of further slashes so that the company can improve production process, enhance product value,...

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