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Innolux sells Chinese assets, second sale in two months amid cooling panel demands

Rebecca Kuo, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: DIGITIMES

Following the sale of its Southern Taiwan plant to TSMC, Innolux has announced it will sell its assets in Nanjing, China, in a transaction valued at CNY450 million (approximately US$63.16 million), with an expected disposal profit of CNY320 million.

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