Asia Express - Display
Innolux-CMO-TPO Merger Pushed Back to April 1; 8.5G Capacity to Be Boosted
January 31, 2010
Taiwan's CMO said on January 28 that the merger of the three Taiwanese display panel manufacturers Innolux, CMO, and TPO Displays will be pushed back to April 1, a month later than previously planned, the United Daily News reported. The delay is due to the ongoing process of obtaining overseas regulatory approvals, according to said report.

In related news, both CMO and Innolux have announced plans to boost their 8.5G LCD (Liquid Crystal Display) panel manufacturing capacity, according to a January 24 report by the Economic Daily News. It is reported that CMO has kicked off capacity expansion at its new 8.5G plant in Kaohsiung County, which is expected to begin mass production within 2010. CMO has also boosted the output target of the Kaohsiung plant from 24,000 to 60,000 glass substrates. Meanwhile, the Hsinchu Science Park has granted 28 hectares of land at the Chunan base to Innolux. Innolux plans to invest a total of NT$500 billion in the Chunan base and build two 8.5G or newer-generation plants on the premises, according to the Economic Daily News report. Innolux was slated to begin construction on the new facility on January 25.