CMI to recruit 3,000 more workers to increase production capacity

Jul 4, 01:55

Chimei Innolux (CMI) will recruit 3,000 new workers in July in order to expand its touch panel production capacity amid growing market demand.

CMI to increase sales through the auto industry

Jul 3, 14:58

Chimei Innolux (CMI) is looking to boost panel sales by tackling the vehicle display market via cooperation with America- and Europe-based car makers such as GM, Audi, BMW and Volv...

CMI chooses new independent director

Jun 29, 14:35

Chimei Innolux (CMI) recently gained a lot of attention in the IT industry as it is choosing a new director along with two new supervisors and one independent director.

Foxconn aims to land iTV orders by investing in Sharp, says CMI former executive

Jun 29, 01:30

Foxconn Electronics' investment in Sharp is aimed at securing iTV orders from Apple, which will be a positive development for the flat panel industry if the strategy works, according...

AUO and CMI to start mass producing AMOLED panels in the second half of 2012

Jun 26, 01:35

Taiwan-based panel makers AU Optronics (AUO) and Chimei-Innolux (CMI) have reportedly begun increasing research and development for AMOLED panels as well as furthering cooperation...

China and Taiwan TV panel competition increasing as new panel sizes are produced

Jun 25, 16:04

LCD TV competition will be heating up this summer as China-based panel manufacturers such as China Star Optoelectronics Technology (CSOT) will be producing new TV panel sizes in order...

Demand for high resolution notebook panels expected to increase, says panel maker

Jun 13, 01:25

Apple has introduced the new MacBook Pro with 15.4-inch display and resolution at 2880 by 1800 pixels. Panel makers expect increasing demand for high resolution panels as non-Apple...

CMI expected to benefit from growing demand for LCD TVs in China in 2H12

Jun 6, 01:25

As the China government's energy-saving subsidies and the 2012 London Olympic Games are expected to stimulate sales of LCD TVs in the China market in the second half of 2012, Taiwan-based...

CMI OLED panels ready for mass production in 4Q12

May 30, 10:23

Chimei Innolux (CMI) will be displaying its latest line of OLED displays at the SID Display Week 2012, with the panels scheduled to be mass produced starting in the fourth quarter...

Asustek to launch three new ZenBook models in June

May 24, 01:15

Asustek Computer will launch three models of its ZenBook Prime lineup, the UX21A, UX31A and UX32VD, in June, featuring full HD IPS panels from Chimei Innolux (CMI). Asustek aims to...

CMI, AUO see decreasing production costs due to declining equipment depreciation costs

May 22, 01:35

Chimei Innolux (CMI) and AU Optronics (AUO), the two largest Taiwan-based makers of TFT-LCD panels, will have decreasing production costs mainly through gradual reduction in depreciation...

Notebook vendors shifting panel orders from Samsung to CMI

May 14, 11:59

More brand notebook vendors are shifting their orders for notebook panels from Samsung Electronics to Chimei Innolux (CMI) given that Samsung's efforts to promote its own-brand notebooks...

CMI reports decline in April revenues

May 10, 10:33

LCD panel maker Chimei Innolux (CMI) has announced combined April 2012 revenues of US$123 million, a decrease of 11.4% month-over-month. CMI shipped approximately 11.2 million large-sized...

HannStar Display ships more large-size LCD panels in April

May 10, 01:20

HannStar Display has reported revenues of NT$2.95 billion (US$100.44 million) for April, up 1.6% on month but down 24.4% on year. Shipments of large-size LCD panels grew 20.4% sequentially...

Chimei Innolux capacity utilization rate to reach over 90% in 2Q12

May 2, 13:08

Chimei Innolux (CMI) expects its production capacity utilization rate to climb over 90% and its shipments of all sizes of LCD panels to grow 10-20% sequentially in the second quarter...

Chimei Innolux 1Q12 revenues down 16%

Apr 30, 15:15

Chimei Innolux (CMI) has announced first quarter 2012 net sales of NT$109,236 million (US$3.75 billion), a 16.2% decrease from the previous quarter's NT$130,409 million. The gross...

CMI to hit 1 million 39-inch TV panel milestone in May or June

Apr 26, 01:45

Chimei Innolux (CMI) is expected to see its shipments of 39-inch TV panels hit the one-million mark in May or June. Monthly shipments of 50-inch TV panels are estimated to each 300,000...

CMI, AUO likely to swing back to profitability in 2H12

Apr 20, 11:55

Chimei Innolux (CMI) and AU Optronics (AUO) are likely to swing back to profitability in the second half of 2012 as flat panel prices are expected to continue running higher in the...

CMI capacity utilization rate reaching 80%, says paper

Newswatch - Apr 9, 11:44

The capacity utilization rate of Chimei Innolux (CMI) will rebound to over 80% in April, buoyed by increasing panel orders from Japan-based brand vendors including Sony and Hitachi,...

CMI reaches debt settlement agreement with creditor banks

Apr 6, 01:20

Chimei Innolux (CMI) has reached a debt settlement agreement with its creditor banks, cutting repayment amounts of its debts due in 2012 to below NT$15 billion (US$508.82 million)...

Second-tier LCD monitor OEMs facing increasing challenges in 2012, say sources

Apr 3, 01:00

Second-tier LCD monitor OEMs will face increasing challenges in terms of shipments in 2012, as the top-2 OEMs - TPV Technology and Foxconn Electronics - combined are expected to take...

CMI posts heavy losses of nearly NT$65 billion for 2011

Apr 2, 10:23

Chimei Innolux (CMI) has reported net losses of NT$20 billion (US$677 million) for the fourth quarter of 2011, bringing total losses for all of the year to NT$64.76 billion.

Foxconn to subscribe to CMI new shares

Mar 28, 16:12

Foxconn Electronics (Hon Hai Precision Inudstry) and its associated companies will subscribe to new shares to be released by Chimei Innolux (CMI) in 2012-2014 based on the portion...

Foxconn-Sharp partnership likely targeting Apple orders

Mar 28, 01:15

Sharp has announced a strategic alliance with Foxconn (Hon Hai). Through third-party allotment, four Foxconn subsidiaries will obtain an about 9.88% stake and become the largest shareholder...

China hikes import tariffs for LCD panels

Mar 23, 15:01

The China government has officially announced that it will raise the tariff rate levied on imports of LCD panels in sizes over 32-inch from the current 3% to 5%, effective on April...

CMI reports strong sequential revenue gains for February

Newswatch - Mar 12, 11:17

Chimei Innolux (CMI) has reported consolidated revenues of NT$32.79 billion (US$1.11 billion) for February, up 19.6% on month but down 0.2% on year.

CMI to hike 39-inch LCD panel prices in March

Mar 1, 16:33

Chimei Innolux (CMI) reportedly has received consent from most of its clients to raise unit prices of 39-inch LCD panels by US$5 starting March, according to industry sources. CMI's...