Asia Express - Display
CMO to Invest in Small- and Medium-sized LCD Module Production
September 07, 2007
According to Taiwan's Economic Daily News, Taiwanese LCD (Liquid Crystal Display) panel maker CMO recently announced a plan to inject NT$2.4 billion (US$72.4 million; US$1 = NT$33.1) into a new business arm. This new subsidiary will be dedicated to manufacturing small- and medium-sized LCD modules, according to the same source. Further details of this plan were not yet disclosed.