Monday, April 23, 2007

UPDATE 1-Taiwan's AU swings to Q1 loss but recovery looms

(Reuters) - As new computers and flat-screen televisions roll down the production lines after a lower price tag encourages consumers to replace old PCs and TVs, analysts said AU would join its larger overseas rivals to ride on a cyclical upturn in the second half.

Sector leaders Samsung Electronics Co. Ltd. and LG.Philips LCD Co. Ltd. of South Korea have posted mixed quarterly results, while the latter saw a shortage of TV panels and a rebound in PC LCD prices from the third quarter.


Read more at Reuters.com Market News

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