Asia Express - Display
CMO Reportedly Bags Four-year Order for 10 Mln LCD Panels from China
January 11, 2009
It is reported that Taiwanese LCD (Liquid Crystal Display) panel manufacturer CMO has obtained Chinese TV manufacturers' orders for 10 million LCD panels overall, which will be shipped over a period of four years, according to Chinese-language Commercial Times of Taiwan on January 6. The panels to be delivered by CMO are projected to consist mainly of 22-, 26-, and 32-inch models, as demand for small- and medium-sized LCD TVs is expected to see substantial growth spurred by China's subsidy program for home appliance purchase in the rural regions.