AU Optronics (AUO) is up 4.6% on the day, as the company announces a business restructuring, and...

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

AU Optronics (AUO) is up 4.6% on the day, as the company announces a business restructuring, and the planned merger of Sony (SNE), Hitachi (HIT), and Toshiba's display ops feeds hopes of lower capacity growth and stronger pricing for the LCD panel market. Fellow panel maker LG Display (LPL +1%) is clocking a more modest gain.