Asia Express - Display
CPT Invests NT$300 Mln for Stake in CCFL Maker Sintronic Technology
May 19, 2006
According to the Commercial Times, Taiwanese CPT recently acquired a 22% stake in CCFL maker Sintronic Technology through CPT's wholly-owned subsidiary Grand Cathay Optronics at a cost of NT$300 million. CPT's acquisition makes it the biggest shareholder of Sintronic Technology and will secure CCFL supply for CPT. Sintronic Technology currently has a production capacity of two million units on seven manufacturing lines in Taiwan and China.