Chimei Innolux (CMI) had plans to start producing AMOLED, but back June we heard that the company faces both technical and financial difficulties, and later on the company announced it will cut their expenses, although the OLED program will remain. Today we see another report that CMI will indeed reduce capex by about NT$50-60 billion (US $1.7-2 billion) for 2011, but they do plan to continue investing in OLED R&D.
While it's good to hear that the OLED program will not be terminated, we also understand that the company won't start producing AMOLEDs in the near future.
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Posted: Aug 11,2011 by Ron Mertens
