Hints and tips:
...In a deal that closed in 2010, Mr Gou engineered a $5.3bn merger between Taiwan’s Innolux Display, 25 per cent-owned at the time by Foxconn, and Chi Mei Optoelectronics....
...The fact that Chi Mei was able to buy time from its creditors will no doubt come as a relief to Hon Hai, which became the second-biggest shareholder in the company after Chi Mei merged with Innolux, a Hon...
...AU Optronics, Chi Mei’s crosstown rival, acquired Japan’s M Setek for its technology when AUO diversified into solar manufacturing in 2009....
...AUO president Paul Peng said last month that he expected sales to gradually recover this year, but AUO and its crosstown rival Chi Mei Optoelectronics need to boost investment to compete with Samsung....
...Chi Mei Innolux is struggling with debt repayment and lags behind in technology behind rivals Sharp, LG Display and Samsung....
...Samsung Electronics was the first to strike a deal with prosecutors, while five other LCD companies including LG Display and Chi Mei Optoelectronics, have all also pleaded guilty....
...Both AU Optronics and Chi Mei Innolux, the island’s two biggest producers, have for now set aside plans to build new state-of-the-art plants in China because of a slowdown in demand – global television sales...
...Mei and EI Holdings (formerly PVI) of Taiwan....
...Hon Hai last year acquired Chi Mei Optoelectronics, a Taiwan panel maker, and TPO Displays, a company which specialises in small panels....
...One of the largest deals was the 2008 acquisition of Chi Mei Optoelectronics, then Taiwan’s second-largest manufacturer of LCD panels....
...Chi-Mei Innolux, a leading Taiwanese maker of TV and computer display panels and terminals, said there had been no impact on flat panel production, but the outlook might become more uncertain in a month...
...Six LCD companies, including Samsung, LG, and Chi Mei Optoelectronics, the world's top flat panel makers, have already earlier pleaded guilty and paid fines totalling more than $860m to the US authorities...
...Chi Mei, however, was merged into Innolux, a Hon Hai flat-panel unit, in a $5bn deal last November, shortly after Hon Hai bought Sony’s Mexico plant....
...Second, a trigger for choosing Hon Hai was the merger of its affiliate Innolux with Taiwanese rival Chi Mei Optoelectronics in a $5.3bn deal last November....
...Mei Optoelectronics may not achieve as significant savings by building factories across the strait as they did in the past....
...Based on the two companies’ closing share price on Friday, this values Chi Mei at $5.3bn. The deal is expected to close next May....
...News of the probe emerged after trading in Chi Mei shares hit four to five times their normal volume in the two days before the merger announcement....
...Taiwan Stock Exchange Corp has asked Chi Mei to explain why it issued a statement on Friday denying a newspaper report about a possible merger with either Innolux or AU Optronics....
...Mei and its Innolux unit....
...The weighted index rose 0.5 per cent to 7,756.31, sas AU Optronics added 4.1 per cent to T$32.80 and Chi Mei rose 4 per cent to T$21....
...Chen Liyi, former vice-president of Taiwan’s Chi Mei Optoelectronics, is believed to have been offered a senior job at the new venture....
...Chi Mei last month announced a similar partnership with PVI, and AU Optronics earlier took a 31.6 per cent stake in SiPix Imaging, which uses a rival technology to E Ink to produce e-paper....
...In Taipei, the Weighted index inched up 0.2 per cent to 8,207.85 as optimism about growing demand for computers and flatscreen televisions helped AU Optronics rise 2.8 per cent to T$39.90 and rival Chi Mei...
...Chi Mei Optoelectronics fell 4.1 per cent to T$26 and rival AU Optronics shed 2.8 per cent to T$38.90, while Asustek shed 3.9 per cent to T$67.20....
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