[News] Innolux Confirms Sale of Tainan Plant 4, with Micron & TSMC Reportedly in the Bidding Stage

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After announcing the end of eight consecutive quarters of losses on July 30, according to a report from Economic Daily News, Innolux’s board of directors decided to authorize Chairman Jim Hung to handle real estate matters, confirming the rumors that the buildings at its 4th Plant in Tainan (5.5-generation LCD panel plant), which was closed last year, will be sold.

It is reported that two buyers, Micron and TSMC, are still in the bidding stage. Regardless of who wins the bid, Innolux will gain significant non-operating income.

According to Innolux’s announcement, to boost company operations and future development momentum, as well as to enhance operating funds, they plan to dispose of the TAC plant-related real estate at the Southern Taiwan Science Park (STSP) D section. Per a report from anue, the STSP D section refers to the 5.5-generation LCD panel plant that was closed last year.

Innolux has been promoting the transformation of its fully depreciated old plants. The 3.5-generation line at the Tainan facility has been repurposed for advanced packaging with Fan-Out Panel Level Packaging (FOPLP), and the 4-generation line has been converted to produce X-ray sensors (through Raystar Optronics), both of which are related to semiconductor products.

Regarding the 4th Plant developments at Tainan, as per a previous report from the Economic Daily News, Innolux stated on June 16 that, based on flexible strategic planning principles, the company continues to optimize production configurations and enhance overall operational efficiency. Some production lines and products are being adjusted to streamline and strengthen the group’s layout and development.

Read more

• [News] Venturing into AI, Innolux Reportedly Partners with Memory Giants, While Its 4th Plant in Tainan to Focus on Packaging Applications
• [News] TSMC Pushes for FOPLP Mass Production by 2027, Reportedly Eyeing on Innolux’s Plant

(Photo credit: Innolux)