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Sumagh Tech sets up optoelectronic business unit

Posted: 02 Jul 2002 ?? ?Print Version ?Bookmark and Share

Keywords:optoelectronic? LCD backlight?

Sumagh Tech & Textile Co. Ltd has established an optoelectronic business unit. The plant began pilot production of LCD backlights with a monthly capacity of 10,000 units. The company plans to increase capacity to 200,000 units of 15-inch LCD backlights by the end of this year.

Maggie Wang, deputy sales manager, said, "We project sales turnover to reach NT$1.1 million ($32.75 million at $1:NT$33.58), with optoelectronic products accounting for 10 percent of the amount. In addition, Taiwan-based rewritable CD manufacturer CMC Magnetics Corp. is our largest share holder with a 46 percent of our paid-in capital."

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