AUO, CMI likely to suffer 3Q11 losses of NT$10 billion each

Rebecca Kuo, Tainan; Joy Wan, DIGITIMES Asia Friday 7 October 2011 0

AU Optronics (AUO) and Chimei Innolux (CMI) may each suffer losses estimated at NT$10 billion (US$342 million) for the third quarter 2011 due of falling prices for large-size LCD TV panels and weak demand, with little chance of returning to profitability...

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