Taiwan’s Yu Precision signed a contract with AUO (AU Optronics Corp) to supply 33 billion worth of active matrix organic light-emitting diode (AMOLED) manufacturing equipment.
This deal is a huge step in the two companies’ history. Yu Precision will enable AUO to reach their goal of becoming the world leader in the OLED market.
AU Optronics had planned to produce OLED panels and released a 14″ OLED HDTV last year.
