AU Optronics

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Západné Slovensko; Trenčiansky kraj
Location of affected unit(s)
Tren?ín
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components
530 jobs
Number of planned job losses
Job loss
Announcement Date
10 January 2013
Employment effect (start)
1 December 2012
Foreseen end date
31 January 2013

Description

AU Optronics, a Taiwan-based electronic company, which established its subsidiary in Slovakia in June 2011, is terminating the production of LCD monitors, with the consequent loss of 530 jobs.

The company will provide only repairing services for its customers. The company once employed 1300 people and provided indirectly work for another 2000 through delivery services and suppliers. Redundancies are caused by a decline in orders in the LCD market globally.

Sources

  • 10 January 2013: Pravda

Citation

Eurofound (2013), AU Optronics, Internal restructuring in Slovakia, factsheet number 74793, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74793.