AUO sells Taichung plant to TSMC for NT$38.8B, scraps Quanta deal

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 29 Oct, 09:06 UTC

AUO has approved the sale of its Taichung Plant Phase II facilities and related infrastructure to TSMC for NT$38.8 billion (US$1.2 billion), excluding taxes, and has terminated a planned NT$19.7 billion sale of its Huaya facilities to Quanta after the two companies failed to agree on usage…