NEWS
CMO announces investments in OLED and LED subsidiaries
Posted September 17th, 2007 by admin
Chi Mei Optoelectronics (CMO) recently announced it will make additional investments in its OLED subsidiary Chi Mei EL Corporation (CMEL), and a newly formed LED LCD subsidiary, Chi Mei Lighting, of NT$600 million (US$18.12 million) and NT$595 million, respectively, according to a recent filing with the Taiwan Stock Exchange (TSE).In late August, CMO announced the purchase of a total of 52.2 million shares at another LED subsidiary, Chi Li Lighting, to fund equipment procurement
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