Nu
Horizons Electronics Corp. Announces North American Partnership
Agreement with AU Optronics Corp.
AUO World's Third Largest Manufacturer
of Large-Sized TFT-LCD Panels
Melville,
NY - July 27, 2006 - Nu Horizons Electronics Corp.
(NASDAQ:NUHC) a leading global distributor of advanced
technology active semiconductor, display and system solutions,
today announced a North American partnership agreement
with AU Optronics Corp. (NYSE: AUO; TAIEX: 2409), a world-leading
manufacturer of thin film transistor liquid crystal display
(TFT-LCD) panels. This partnership involves the distribution
of AUO's complete offering of TFT-LCD flat panel display
products, ranging in size from 1.5" to 47".
AUO's
TFT-LCD panels are used in notebook computers, desktop
monitors, televisions, digital cameras, portable DVD players,
mobile phones, portable games, car navigation systems
and other applications. In addition, AUO's products are
represented across the industrial, consumer, medical,
mobile OEM applications, notebook, gaming and digital
signage markets.
"We
are very pleased to distribute AU Optronics full complement
of flat panel display offerings to service small-to-large
sized TFT-LCD markets," states Dave Bowers, president
of Nu Horizons Distribution Division. "AU Optronics
industry-leading reputation, robust product offering and
ongoing dedication to the development of new products
and technologies, further enhances our Display program
and rounds out our product offering for all our customers."
For
additional information, please visit http://www.nuhorizons.com/displays/auo.
About
AU Optronics Corp.
AU Optronics Corp. (AUO) is a world-leading manufacturer
of thin film transistor liquid crystal display (TFT-LCD)
panels, which are currently the most widely used flat
panel display technology. AUO was formed in September
2001 by the merger of Acer Display Technology, Inc. and
Unipac Optoelectronics Corporation. As a result, the company
is able to offer TFT-LCD panels in sizes ranging from
1.5 inches to greater than 46 inches.
AUO is the third largest manufacturer of large-sized TFT-LCD
panels in the world, with a market share of approximately
15.1%. The company had consolidated net sales under ROC
GAAP of NT$217.4 billion (US$6.6 billion) in 2005. AUO's
Technology Center ("ATC") built in 2002 is Taiwan's
largest R&D facility. AUO is also the first pure TFT-LCD
manufacturer to successfully list at the New York Stock
Exchange (NYSE).
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor
of advanced technology semiconductor, display and system
solutions to a wide variety of commercial original equipment
manufacturers (OEMs) and Electronic Manufacturing Services
providers (EMS). With sales facilities in 47 locations
across North America, Europe and Asia and regional logistics
centers throughout the globe, Nu Horizons partners with
a limited number of best-in-class suppliers to provide
in-depth product development, custom logistics and life-cycle
support to its customers. Information on Nu Horizons and
its services is available at http://www.nuhorizons.com.
Except for historical information contained herein, the
matters set forth in this news release are forward looking
statements that involve certain risks and uncertainties
that could cause actual results to differ from those in
the forward-looking statements. Potential risks and uncertainties
include such factors as the level of business and consumer
spending for electronic products, the amount of sales
of the Company's products, the competitive environment
within the electronic component industry, the ability
of the Company to continue to expand its operations, the
level of costs incurred in connection with the Company's
expansion efforts and the financial strength of the Company's
customers and suppliers. Investors are also directed to
consider other risks and uncertainties discussed in documents
filed by the Company with the Securities and Exchange
Commission.
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