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CMO denies construction of 7G plant in Foshan

Posted: 26 May 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Chi Mei Optoelectronics? CMO? panel? TFT LCD?

Panel maker Chi Mei Optoelectronics Corp. (CMO) has reportedly denied previous reports that it is setting up a 7G TFT LCD facility in Foshan, Guangdong in mainland China.

According to reports, the company is building a 7G panel plant in southern China and that test production will begin by year-end, while volume production will commence early next year.

However, according to CMO, it has no plans to build LCD facilities in mainland China as the Taiwan administration has prohibited panel companies from setting up plants in mainland. Only back-end assembly processes are currently allowed to be built across the mainland.

CMO presently has an LCD facility in Ningbo, Zhejiang, with an expected monthly capacity of 1.35 million units in the first half of next year. The company plans to further expand the capacity to 3.5 million units.

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