AUO announced today (April 2) that its wholly owned subsidiary, AUO Display Plus (ADP), has signed a term sheet with E Ink to establish a joint venture company (the JV company) with paid-in capital of TWD 390 million, aiming to capture the continuous growth opportunities in the green display market. According to the term sheet, ADP and E Ink will own 51% and 49% stake of the JV company respectively and will jointly establish large-sized Electro-Phoretic Display (EPD) module production lines at AUO’s Longke site in Taoyuan, with mass production expected to begin in the fourth quarter of 2025.
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E Ink will leverage its advantages as a global leader in the ePaper display technology to provide critical technologies and materials. By integrating AUO’s strengths in panel design, smart manufacturing, and production management capabilities, along with ADP’s strong customer base and global market footprint in the smart retail sectors, as well as its strategies for developing display products with low-carbon emission and digitalization, the JV company will actively pursue the market opportunities for large-sized ePaper display applications. Additionally, the implementation of new technologies in AUO’s Longke site also enhances AUO’s further investment and strengthened operations in Taiwan.
As ESG has evolved from a trend into specific evaluation metrics, the features of ePaper displays—such as energy saving, better readability, efficiency improvement, and eco-friendliness—complement the development of green business opportunities, boosting the market demand for large-sized digital display applications. Riding the wave of low-carbon emission and digital transformation, ADP and E Ink are collaborating to develop a more comprehensive supply chain and ecosystem. Together, the two companies will work to enhance efficiency and increase the adoption of large-sized ePaper displays in various applications. The expected synergies and accomplishments from the collaboration include:
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