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AUO Sells Singapore Plant to Western Digital for S$350 Million

Western Digital logoWestern Digital
Sig2.30Sen+2.15Env0.00Soc0.00Gov+0.80

AUO’s subsidiary will sell its Singapore plant to Western Digital for S$350 million (about NT$8.753 billion). AUO said the disposal supports an asset-light model, monetizes assets, and optimizes its financial structure. The L4B line was shut down due to weak LCD panel demand, with equipment shipped back to Taiwan; the buyer signs a 10-business-day option to purchase.

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