AU Optronics (AUO +5.1%) and LG Display (LPL +2%) rallied after AUO's president said prices for...

|About: AU Optronics Corp. (AUO)|By:, SA News Editor

AU Optronics (AUO +5.1%) and LG Display (LPL +2%) rallied after AUO's president said prices for some LCD panels have risen recently due to tight capacity for advanced "7.5G" manufacturing lines, positive news for an industry that saw prices crash last summer and fall. He added AUO will focus on "new technologies" (are OLEDs among them?) to mitigate the impact of new Chinese capacity.