Sony buys LCD manufacturing company in Taiwan
According to a pressrelease from Sony, they are buying the company Chi Mei Optoelectronics, headquartered at Taiwan Science-based Industrial Park, Taiwan. Its key products are large-size TFT-LCDs for notebook, desktop monitor, and TV applications. It now has one 3.5G fab., one 4G fab., and one 5G fab., which is the world’s largest single fab. CMO currently has 12,000 employees.
Sony’s Executive Deputy President and COO, Dr. Ryoji Chubachi stated:
”LTPS-TFT-LCD display panels are used in various mobile products such as video cameras, digital still cameras and mobile telephones and we expect the market to dramatically grow from now onwards as well. The basic agreement with CMO and IDTech this time leading to the acquisition of Yasu Business Facility, IDTech will further expand Sony’s mobile display production and will strengthen the business. Through the succession of the personnel asset of Yasu Business Facility, we target to promptly launch Sony’s 2nd manufacturing base following STLCD Corporation, leading to the supply of excellent products to customers in the world.”
Read the wholy press release [SONY]