AU to build 4 new LCD plants in Taiwan over 10 yrs

TAIPEI Aug 27 (Reuters) - Taiwan's government said on Wednesday that AU Optronics (2409.TW) will invest about T$400 billion ($12.7 billion) to build four new LCD plants over the next 10 years, as part of the firm's commitment to invest in Taiwan. The first plant will use more advanced generation 10 or above manufacturing technology, with operations starting in 2011-2012, the cabinet said in a statement. (US$1=T$31.5) (Reporting by Baker Li, Editing by Ken Wills)