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InnoLux to fund expansion by selling shares

Posted: 29 Sep 2004 ?? ?Print Version ?Bookmark and Share

Keywords:innolux display? desktop computer? monitor? color filter?

Taiwan-based LCD maker InnoLux Display Corp. is going to sell its first shares in public in 2006 to finance its production expansion. However, president Tuan Hsing-chien says that it is still too early for the company to seek an overseas listing.

The first two plants constructed by InnoLux will begin production of screens for desktop computer monitors and smaller products by year-end. The company will add another facility to produce display color filters. This year, the company expects to make a total investment of $693 million to push up its capacity.

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