AU works on a tie-up with GMT to ensure its strength in the LED market

AU Optronics Corp, the world's No.3 liquid crystal display maker, said it is working on a tie-up with a local LED chip designer to ensure its strength in the fast-growing LED-lit LCD TV market.

AU Optronics said it was working on concrete details with Global Mixed-mode Technology Inc.. AU said a tie-up could pave the way for it to strengthen its cost competitiveness if it could secure a new generation of power-saving LED chips from GMT.

Major LCD makers, including AU, have increased production of LCD panels with LED backlights for computers and flat-screen TVs amid a recovery in the global economy. AU Optronics did not give a timeframe for the tie-up.

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