China panel maker recruiting former executives from Taiwan, paper says

China panel maker recruiting former executives from Taiwan, paper says

China-based Shen-Chao Optronics (transliterated from Chinese) is recruiting former executives from Taiwan-based panel and component makers, as the company’s fifth-generation (5G) LCD plant is expected to enter production in 2008, according to the Chinese-language Economic Daily News (EDN).

Hsiang-Kuei Chung, a former vice president of the CRT business of Chunghwa Picture Tubes (CPT), will be responsible of the construction of the 5G plant; Ching-Chih Chen, a former vice president of Quanta Display (QDI), will be responsible for Shen-Chao’s 6G plans while Arthur Chou, former president of Allied Material Technology Corporation (AMTC), a Taiwan-based color filter (CF) maker, may be in charge of its in-house CF production, the paper said.

The paper also reported Shen-Chao is targeting employees at AUO, Chi Mei Optoelectronic (CMO) and HannStar Display.

KY (Kuen-Yao) Lee, chairman and CEO of AU Optronics (AUO), was quoted as saying he has heard of the recruitment plan from Shen-Chao and several high-level executives are said to have joined the China-based maker.