Sanan to receive government support despite alleged accounting fraud
Siu Han, Taipei; Adam Hwang, DIGITIMES
The largest China-based LED epitaxial wafer and chip maker Sanan Optoelectronics has been mired in financial turmoil with its stock price falling over 30% in one month after being suspected of faking accounts involving CNY8.6 billion (US$1.26 billion)...
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