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Major Taiwan TFT-LCD panel makers cut 2009 capex

Susie Pan, Taipei; Yvonne Yu, DIGITIMES Asia Friday 13 February 2009 0

TFT-LCD panel maker Chi Mei Optoelectronics (CMO) has announced plans to cut its 2009 capital spending (capex) to NT$30 billion (US$882.21 million) from previous estimates of NT$100 billion. CMO's 2008 capex was NT$NT$104.5 billion.

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