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...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....
...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....
...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...
...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....
...AU Optronics, Chi Mei’s crosstown rival, acquired Japan’s M Setek for its technology when AUO diversified into solar manufacturing in 2009....
...Chi Mei Innolux is struggling with debt repayment and lags behind in technology behind rivals Sharp, LG Display and Samsung....
...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...
...One of the largest deals was the 2008 acquisition of Chi Mei Optoelectronics, then Taiwan’s second-largest manufacturer of LCD panels....
...Hon Hai last year acquired Chi Mei Optoelectronics, a Taiwan panel maker, and TPO Displays, a company which specialises in small panels....
...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...
...Mei and EI Holdings (formerly PVI) of Taiwan....
...This left the Taiwanese – AUO and Chi Mei Optoelectronics, the third and fourth biggest in the world – as contract manufacturers free to supply any and all other TV manufacturer....
...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...
...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....
...Taiwan’s stock market regulator has launched a preliminary probe into apparent irregularities in trading of shares in Chi Mei Optoelectronics before the announcement of its $5.3bn merger with local rival...
...Taiwan’s Innolux Display and Chi Mei Optoelectronics have agreed to merge in a $5.3bn transaction that will create the world’s third-biggest flat panel maker and a potential challenger to market leaders...
...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....
...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....
...Taiwan’s AU Optronics and Chi Mei Optoelectronics, the world’s third and fourth biggest flat-panel makers respectively, are both already mass-producing e-paper displays after having secured a market foothold...
...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....
...Mei and its Innolux unit....
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