EU price-fixing fine to put CMI in the red

Rebecca Kuo, Tainan; Yvonne Yu, DIGITIMES Asia 0

Chimei Innolux (CMI) has reportedly decided to recognize the price-fixing fine of EUR300 million (US$396.3 million) levied by the European Commission in its fourth-quarter 2010 balance sheet, and is expected to report a loss for the year.

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