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TPO to allocate $40M for Nanjing facility

Posted: 15 Nov 2006 ?? ?Print Version ?Bookmark and Share

Keywords:TPO Displays? TFT LCD? TN/STN LCD? LCD? LTPS TFT LCD?

TPO Displays Corp. will invest $40 million in its Nanjing subsidiary in mainland China, which manufactures TFT LCD and TN/STN LCD modules.

According to TPO's filing at the Taiwan Stock Exchange, its board of directors approved the planned investment, in which the company already allotted $75 million in the facility. The Investment Commission of Taiwan's Ministry of Economic Affairs has also given TPO the go-signal to invest in its mainland operations, the estimated total value of which is $141 million.

Projected output of LTPS TFT LCD modules from the Nanjing facility will be over 8 million units for the second half of 2006.

Apart from the Nanjing plant, TPO also has a TN/STN LCD facility in Shanghai, where the company is currently increasing its capacity for active-matrix TFT LCDs.




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