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Brief: Rumors of merger boosts stock prices of Taiwan LCD companies

Yvonne Young, Taipei
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The stock prices of Taiwan-based TFT LCD panel and component makers rose 3-7% yesterday as a result of the rumor that indicated HannStar Display plans to partner with Chi Mei Optoelectronics (CMO).

Sources had said previously that HannStar expects the partnership to help slow down fast capacity expansion by TFT LCD panel makers. However, the company denied the rumor.

Article translated by Carrie Yu and edited by John McClure