Following their strategic alliance as reported in an Asia Express dated September 29, 2007, Taiwanese TFT-LCD (Thin Film Transistor-Liquid Crystal Display) panel maker CMO and Hong Kong-listed PC monitor maker TPV announced that they have jointly invested in Himax Media, a spun-off unit of Himax Technologies. The two companies each acquired a minority stake in Himax Media, in a bid to expand their cooperation to the business of controller ICs for LCD TVs and monitors, Taiwan's Economic Daily News reported.

According to the same report, CMO and TPV invested NT$90 million (US$2.8 million; US$1 = 32.4) and NT$60 million (US$1.8 million), respectively, in acquiring 6.6% and 4.4% stakes in Himax Media. Himax Technologies - with its specialty in LCD driver IC design - still retains the majority stake in Himax Media.