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Published on 11/22/2004 in the Prospect News Emerging Markets Daily.

Fitch rates AU Optronics

Fitch Ratings said it assigned Taiwan's AU Optronics Corp.'s senior unsecured foreign currency and local currency ratings of BB. Fitch also assigned a BBB(twn) national senior unsecured rating to AU Optronics. The outlook is stable.

Fitch said it recognizes AU Optronics' strength as one of the world's top three manufacturers of large-size thin film transistor-liquid crystal display panels.

The ratings reflect the company's success in developing economies of scale and maintaining technological competitiveness.


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