AU Optronics Corp. (AUO) announced its new organizational arrangement. To continue to drive value transformation and enhance growth momentum, the Display Business Operation will be divided into Technology Group, Business Group, and Manufacturing Group. The Technology Group is headed by Chief Technology Officer Dr. Wei-Lung Liau. The Business Group is led by Vice President TY Lin. The Manufacturing Group is led by Vice President Ting-Li Lin.

The new organization will become effective from November 1, 2018.

"The development of IoT and AI will arouse revolution in every industry with accelerated introduction of smart applications in all fields. Navigating the ever-changing tide of digital transformation, businesses must be agile enough to adjust their strategic direction, organization structure and research capabilities to create values and embrace challenges brought by new business models,” said Michael Tsai, AUO’s President & Chief Operating Officer.

“The new organizational arrangement will effectively integrate scale and resources to achieve the sharing of strategies, resources and platforms with more agile and flexible management efficiency, spurring growth momentum for the Company’s value transformation. The integration and sharing of operating resources and talent pools will consolidate our leadership position in R&D and industry competitiveness. It is expected that we will be able to become more focused to pursue maximized mutual benefits with our value chain partners.”