Manufacturing News

Chimei Innolux capital expenditure

Newly merged Taiwanese LCD panel maker Chimei Innolux said it sees capital spending this year for its 8.5 and sixth generation lines reaching at least T$40 billion ($1.3 billion).

The LCD maker also expected sales each month to come in at T$40-T$50 billion ($1.26- $1.58 billion), executives told a news conference marking the start of the merger company.

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