AU Optronics Corp (AUO) should rise as LCD industry heats up - theStockMasters

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AU Optronics Corp (AUO) should rise as LCD industry heats up
Jun 01, 2009 06:31 PM UTC

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Via The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Market commentary for the Savvy Investor:

AU Optronics Corp. (ADR) (Public, NYSE:AUO) is looking like a buy today on news of rising demand for LCD's. The company expects to return to profitability in the second half of 2009, boosted by improving demand for flat-screen TVs, especially from China.

Sluggish sales and lower prices pushed AU Optronics into the red in the past two quarters, however, the company has recently benefited from a spate of orders from China, and a recovery in TV demand in North America.

In an interview with Reuters on Thursday, AU Executive

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