AUO to Form New Mobility Solution Unit

MT Newswires Live

2024/11/22

AUO Corp. (TPE:2409) said it will spin off its Mobility Solution Business Group and BHTC into a new unit named AUO Mobility Solution.

AUO Mobility Solution will enhance the company's smart mobility business, according to a Thursday Taiwan Exchange filing.

Under the spin-off, AUO will issue new AUO Mobility Solution shares, valued at NT$19.3 billion, for its Taiwan operations, and 1.6 billion yuan for China operations.

The new unit will operate independently from Jan. 1, 2026, the optoelectronic solutions provider noted.

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(TPE:2409) said it will spin off its Mobility Solution Business Group and BHTC into a new unit named AUO Mobility Solution.</p><p>AUO Mobility Solution will enhance the company's smart mobility business, according to a Thursday Taiwan Exchange filing.</p><p>Under the spin-off, AUO will issue new AUO Mobility Solution shares, valued at NT$19.3 billion, for its Taiwan operations, and 1.6 billion yuan for China operations.</p><p>The new unit will operate independently from Jan. 1, 2026, the optoelectronic solutions provider noted.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUO","symbol_name":"友达光电","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2485405960","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485405960","pubTimestamp":1732245102,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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