subject: Frbiz.com Reports Hon Hai Chi Mei Lcd Panel Production Capacity Combined Ranks Third. [print this page] TCL Group, in the domestic color TV enterprises hand deep ultra-high-generation companies to enter the field of LCD panels, while the territory of the world's LCD panel industry is also quietly changed - Taiwan foundry giant Hon Hai's group the "creation of a small swallow big" Convertible merger the world's fourth-largest LCD panel maker Chi Mei, production capacity of more than AU Optronics, second only to the world's number one, the second of Samsung and LG Display.
November 16, reporters from the Chi Mei Hui-Yi Wang in Shanghai, PR spokesman for the Department confirmed that Hon Hai Group Chairman Terry Guo on November 14 with the Chi Mei Group founder Hsu Wen-lung, announced Innolux to 2.05:1 in-stock Merge Chi Mei. After the merger, base hit for the survival of companies, but will be renamed "CMO."
"Taiwan's five major panels giant merger talk has been going on between a few years after the financial crisis to increase a lot of hearsay, in fact, this is the group created to fight with the AU Optronics and Chi Mei to take into account the history of the competition, the ultimate odd America chose the more complementary base hit. "For the acquisition, had just resigned from the Chi Mei panel, deputy director of the original television Chenli Yi told reporters.
In the current global financial crisis, due to the deep-LCD panel prices drop, as well as increase customer orders from Korea and Japan shrinking, AU Optronics, Chi Mei panel the two giants have emerged consecutive huge losses to the third quarter of 2009 was able to achieve losses. Market research firm Display search David Hsieh, vice president of Greater China, said, "in order to weather the crisis, Taiwan's flat panel business to choose the Bao Tuan, Chi Mei Optoelectronics and TPV has established co-operative relationship with the mainland through the AUO LCD TV giant Changhong, Haier, etc. cooperation in developing the market for a temporary tide over the crisis. "
The acquisition is the second in 2006, AUO acquired Quanta Display Inc., Taiwan's panel industry, the region once again the pattern of mergers and acquisitions affect the industry. At that time, AUO through mergers and acquisitions, "Taiwan's flat panel Fab Five," one of the Quanta Display, once in size almost equal to South Korea's Samsung, LG display. According to statistics, the Chi Mei group created after the merger the new company the world's proportion will increase capacity to 18%, while AUO Zeyi 16% market share fell to fourth place.
The new CMO will not only bring about the birth of the global LCD panel market ranking rise and fall, but also may lead to chain together a series of vertical and horizontal.
First of all, Taiwan's "Fab Five in the panel", the remaining CPT, HannStar Display, etc. will likely become the new competition for Chi Mei and AUO's next target. David Hsieh told reporters, "CPT is currently working with AU Optronics contacts, both sides are likely to merge, which means that AUO may regain the upper hand, but also may further acquire the fifth-largest panel plant HannStar Display, Taiwan's panel industry may end up forming A similar pattern planes with South Korea. "while the new CMO to continue to the next does not rule out acquisitions CPT and HannStar possible.
In addition, the downstream industry chain, the acquisition of Chi Mei Group record is second only to the second largest AOC LCD monitors and LCD TV OEM giant, this group is bound to hit the acquisition Chi Mei Chi Mei previously agreed with the AOC strategic cooperation to bring variables. At present, the Chi Mei holds about 7% stake in TPV.
Chen Liyi said, "As the AOC created a competitive relationship with the group, originally a strategic alliance with Chi Mei TPV is likely to switch to a single, would, under the original panels to Chi Mei's LCD monitor and LCD TV panels and other orders, go to the LG Display, AUO and Samsung. "
by: stefasuan
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