Sintek Photronic to Invest in Touch Panel Plant in Nanjing
August 28, 2009
According to a filing with the Taiwan Stock
Exchange, Taiwanese CF (Color Filter) maker Sintek Photronic decided to establish
a touch panel plant in Nanjing, China. On August 20, the board of the company
approved the indirect investment of US$21 million in the Nanjing plant,
tentatively named Nanjing Sintek Photronic. The Nanjing plant is expected to
engage in the manufacturing and sales of touch panel modules and LCD (Liquid Crystal
Display) modules, as stated in the stock exchange filing.