AUO Corporation has finalized the 100% equity acquisition of BHTC. This strategic transaction marks a milestone in AUO's evolution into a Tier 1 automotive supplier, effectively merging its leadership in display technology with BHTC's expertise in climate control and HMI systems. The operation was cleared by all relevant national authorities following a definitive agreement reached in late 2023. The rationale for the acquisition is focused on three strategic pillars: product diversification, customer-centric resilience, and global operation deployment. By integrating BHTC's climate control expertise with AUO's advanced Micro LED and cockpit display solutions, the combined entity aims to offer a holistic "smart cockpit" portfolio to international automakers. This vertical integration allows AUO to bypass traditional supply chain layers and interact directly with global OEMs, gaining early market insights and enhancing its competitive positioning. Furthermore, BHTC's established manufacturing and R&D footprint in Europe and India complements AUO's strong Asian and North American presence, creating a balanced geographical portfolio and a more resilient localized supply chain. This merger is expected to significantly increase AUO's automotive revenue share while accelerating its mission to become a dominant solutions provider in the global smart mobility services market.

BHTC is a world-class specialist in the design and manufacturing of climate control systems and human-machine interface (HMI) solutions for the automotive sector. The company operates a global business model with a presence in key markets including Germany, the United States, China, India, and Mexico. Its value proposition is built on technical precision and excellence in thermal management and electronic control units, providing critical components that define the interior comfort and functional interaction of modern vehicles. BHTC,s strategy focuses on high-level research and engineering, particularly in the development of intelligent cabin climate systems that integrate seamlessly with advanced cockpit electronics. By maintaining a Tier 1 supplier status to major international OEMs, the company ensures high-quality standards and long-term partnerships with leading global automakers. With a workforce distributed across international R&D and production hubs, BHTC acts as a specialized center of excellence for mechanical and electronic integration in the rapidly evolving smart mobility landscape.