Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Taiwan
  4. Taiwan Stock Exchange
  5. AU Optronics Corp.
  6. News
  7. Summary
    2409   TW0002409000


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

AU Optronics : AUO Selected for “Global Lighthouse Network” and Leads the Charge on 4IR Transformation in Manufacturing

09/27/2021 | 05:02am EST
AUO Selected for "Global Lighthouse Network" and Leads the Charge on 4IR Transformation in Manufacturing Accomplishments in the 4th Industrial Revolution (4IR) showcased through three aspects of smart manufacturing, sustainability and talent cultivation
Published date: 2021-09-27

AUO announced today that its Taichung Fab 3 has been selected by the World Economic Forum (WEF) for the "Global Lighthouse Network," reflecting the company's accomplishments in the 4th Industrial Revolution (4IR). AUO not only boosted its production capacity through smart manufacturing and realized its vision on environmental sustainability but also empowered employees to enable the successful transformation of talent.

"AUO's inclusion to the WEF Global Lighthouse Network indicated that the Taiwanese manufacturing industry is now on par with the world in Industry 4.0. It also represents a major milestone in how AUO is helping other companies embrace smart manufacturing," said Paul Peng, AUO Chairman and CEO. "4IR brought about a change in the organizational thinking at AUO. Ultimately, we hope that this will enhance employee empowerment, autonomy, and accountability, and then bring about successful digital and talent transformation."

4IR Accomplishments Lead to the Inclusion of Global Lighthouse Network

The "Global Lighthouse Network" is judged by the WEF and is based on smart factories that demonstrate excellence in the application of automation, industrial Internet-of-Things (IIOT), AI, AIoT, digitization, big data analytics and 5G technologies. In total there are 90 sites globally. Improvements to manufacturing efficiency were accompanied by optimization of energy efficiency and minimization of pollution to reduce the impact on the environment.

AUO responded to the intense competition in the industry by launching an organizational transformation drive. The 4IR accomplishments in the three aspects of smart manufacturing, green manufacturing and talent cultivation were all key factors in AUO's selection as a Global Lighthouse. Production management was changed by embracing of 4IR technology along with the integration of domain knowledge and data science techniques. The shift from responsive management to preventive management became AUO's greatest advantage. Thanks to investment in the transformation of organizational thinking, Fab 3's production costs were reduced by 15% while overall productivity went up by more than 30% over a three-year period between 2018 and 2020.

Realizing Smart Manufacturing through AI and Automation Technology

Smart manufacturing 2.0 was introduced by AUO in 2015. The shift from scale competition to value competition and then to value transformation helped AUO and its partners make a seamless transition to 4IR and smart manufacturing.

The accomplishments from smart manufacturing based on 4IR technology include automated transportation, automated inspection and repair of products using machine learning and vision, integration of IoT architecture and automatic cleaning solution and development of the AI app integration system. Over a three-year period between 2018 and 2020, these initiatives boosted Fab 3 overall productivity by 32% and the yield from advanced manufacturing by 60%.

Commitment to Green Manufacturing and Sustainability Vision

The AUO Green Solutions was first unveiled in 2008. The fulfillment of the sustainability vision through carbon and waste reduction initiatives helped cut the average energy consumption by at least 1.5% every year. The fab passed US LEED (green building) certification and ISO 5001 certification, and the company also obtained Taiwan's first IPMVP energy performance verification. In 2001, Taichung fab became the first in Taiwan to obtain ISO 46001 water resource efficiency management system certification.

4IR technology has accelerated AUO's promotion of environmental sustainability. AIoT digitization and data science techniques were leveraged to develop the Smart Grid smart power grid system that helped the Taichung fab successfully cut its water consumption by 23%, carbon emissions by 20% and electricity consumption by 6.4% over the three-year period between 2018 and 2020.

Realizing Employees' Potential through People-Oriented Talent Transformation

The core of 4IR is people because it is all about talent and its innovation. To this end, AUO focused on employee empowerment, autonomy and accountability. We redefined the role of every employee and cultivated 4IR talent in a systematic manner. Re-skilling was successfully translated into competitiveness.

AUO also empowered employees by turning the experience from each successful project into technical modules that can be followed and stacked. These were efficiently rolled out to every site so that employees were willing to apply 4IR technology on every opportunity and create a positive feedback loop for innovation. This accomplishment was the most outstanding reason for AUO's selection as a Global Lighthouse site.

Converting Experience into Service to Accelerate 4IR Transformation in the Industry

AUO furthermore systematically rolls out 4IR technology to its upstream and downstream partners and forms strategic alliances with AIoT enterprises to build a 4IR software-hardware integration ecosystem together. AUO works with subsidiaries such as AUO Digitech, AUO MegaInsight, AUO Envirotech and Edgetech to provide professional consulting services, total solutions based on the integration of software-hardware solutions, AI systems and domain applications, as well as professional expertise in sustainable production and manufacturing to guide more companies through the 4IR digital transformation process.

* Please click the link below to view AUO smart manufacturing video "A Lighthouse Factory with Sustainability and Smart Technology":


AUO Fab 3's inclusion for "Global Lighthouse Network" showcases accomplishments in the 4IR and commitments to sustainability vision
AUO self-developed Smart Grid power system combines AIoT technologies to improve factory's power consumption and accelerate smart management
AUO Fab 3's inclusion for "Global Lighthouse Network" showcases accomplishments in the 4IR and commitments to sustainability vision


AUO - AU Optronics Corporation published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 09:01:06 UTC.

ę Publicnow 2021
All news about AU OPTRONICS CORP.
12/02AU OPTRONICS : AUO Subsidiary AUO Display Plus Presents Premium Medical Imaging Solutions ..
12/01AU OPTRONICS : To announce the acquisition of shares of ENNOSTAR Inc., on behalf of Konly ..
11/26AU OPTRONICS : To announce the purchase of machinery equipment
11/16AU OPTRONICS : AUO's All-Round Sustainability Performance Garners Multiple Taiwan Corporat..
11/16AU OPTRONICS : The Company will participate in the cash capital increase of Konly Venture ..
11/16AU OPTRONICS : To announce of participating in the cash capital increase of PlayNitride In..
11/16PlayNitride Inc. announced that it expects to receive $19.994952 million in funding fro..
11/16Konly Venture Corporation announced that it expects to receive funding from AU Optronic..
11/16Ronly Venture Corp. announced that it expects to receive TWD 2 billion in funding from ..
11/11AU Optronics Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended..
More news
Sales 2021 374 B 13 540 M 13 540 M
Net income 2021 63 507 M 2 296 M 2 296 M
Net cash 2021 36 089 M 1 305 M 1 305 M
P/E ratio 2021 3,15x
Yield 2021 9,59%
Capitalization 200 B 7 195 M 7 215 M
EV / Sales 2021 0,44x
EV / Sales 2022 0,44x
Nbr of Employees 43 000
Free-Float 81,8%
Duration : Period :
AU Optronics Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AU OPTRONICS CORP.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 13
Last Close Price 20,85 TWD
Average target price 20,15 TWD
Spread / Average Target -3,34%
EPS Revisions
Managers and Directors
Shuang Lang Peng Chairman & Chief Executive Officer
Fu Jen Ko President, Chief Operating Officer & Director
Yue Chih Tseng Head-Finance & Accounting, Spokesman, Deputy GM
Mei Yueh Ho Independent Director
Chin Pin Peng Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SAMSUNG SDI CO., LTD.10.19%38 672
LG DISPLAY CO., LTD.11.59%6 258