Taiwan's ChiMei to increase production of flat screens

Other News Materials 30 April 2008 04:41 (UTC +04:00)

Taiwan's ChiMei Optoelectronics (CMO) plans to raise the output of its flat panel screens by 40 per cent to meet growing demand in 2008, a newspaper said on Wednesday.

The Economic Daily News quoted CMO President Ho Chao-yang as saying the second-quarter shipment of CMO's displays larger than 10 inches would increase 15 per cent and the shipment would increase by 40 per cent for the year, the dpa reported.

The revised annual target includes raising the output of notebook computer display panels from 13.5 million to 15 million pieces, up 50 per cent from 2007, and raising TV monitor panels from 18 million to 20 million pieces, up 34 per cent from 2007.

In total, CMO's 2008 target output for large-sized flat panel displays rose from 65.5 million pieces to 69 million pieces, up 40 per cent from 2007, Ho said.