CMO Raises Investments in China

Chi Mei Optoelectronics Corp. (CMO) will pour additional investments in its mainland China operations based on its filing at the Taiwan Stock Exchange.

CMO will raise its investments in Ningbo Chie Mei Electronics by $30 million. Meanwhile, the company's investments in Kunshan Guan Jie Electronics so far have totaled $1.21 million.

 The panel maker will continue to invest in all of its production bases vis-a-vis capacity expansions in Taiwan. CMO has planned to raise over $683 million to build a 6G plant. The plant will mainly process 32-inch and 37-inch LCD TV panels, cut from 1,550-by-1,850mm glass substrates. Total investment for the 6G project is projected to hit $2.19 billion. Mass production will begin in the fourth quarter of 2007, with a monthly capacity of 90,000 substrates.

600450 CMO Raises Investments in China

See more news about:

Others also read

Peng Shou Visits KCC Corporation (South Korea)
On the afternoon of July 16th, 2018, Peng Shou, board chairman of CTIEC, was invited to pay a working visit to headquarters of KCC in Korea.
SentryGlas® delivers clarity, strength and safety at Shum Yip Upperhills
Laminated glass using SentryGlas® was chosen for safety and insulating glass was specified to improve thermal performance.
Check out the exhibitors at ASEAN's largest glass show, Glasstech Asia 2018 & Fenestration Asia 2018!
Malaysia International Trade & Exhibition Centre (MITEC); Kuala Lumpur; 14 - 16 November 2018.
CTIEC Signs General Contract of Pakistan  Waste Heat Power Generation Project
On July 9,2018, the signing ceremony of general contract project of installing waste heat generation facilities for two float glass production lines (450t/d+550t/d) of GhaniGlass Co. Ltd. (Pakistan) by CTIEC was held in Shanghai.
 LandGlass Glass Tempering Furnace in Iran
TJK is a well-known industrial enterprise in Iran. The company is equipped with a LD-AB F&B Bi-directional glass tempering furnace made by LandGlass.
LandGlass Glass Tempering Furnace in Turkmenistan
In ANYK TEKLIP’s facility, a LD-AC F&B Bi-directional glass tempering furnace made by LandGlass is running day and night.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000

Add new comment