Taiwanese companies welcome Mainland TV companies to invest in panel makers

Taiwan’s “Business Times” reported on Monday that the Taiwan Ministry of Economic Affairs is seeking the approval of Taiwan's Executive Yuan to allow well-known electronics companies in mainland China to purchase shares in Taiwan’s panel makers. However, the upper limit of the investment equity is set at 20%, which means that mainland companies are only investing in Taiwanese panel companies, rather than controlling.

Fan Liangdong, executive secretary of the Investment Review Committee of the Ministry of Economic Affairs of Taiwan stated that the above proposal has been submitted to the Taiwan Executive Yuan for consideration. However, he declined to comment on the proposal.

If Taiwanese panel makers can attract large mainland electronics companies such as TCL, Haier and Changhong to invest, they will help these Taiwanese companies expand their business opportunities in the mainland. AU Optronics Co., Ltd. Chairman Yao Yao said that relaxing the investment restrictions on both sides of the Taiwan Strait will help the development of the panel industry in Taiwan.

However, some analysts believe that the construction of the panel lines of companies such as Beijing BOE and TCL is also in progress. If Taiwan fails to provide more favorable policies, it will be difficult to attract mainland companies to invest in Taiwan.