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NEWS TAGGED CMI
Monday 30 April 2012
Chimei Innolux 1Q12 revenues down 16%
Chimei Innolux (CMI) has announced first quarter 2012 net sales of NT$109,236 million (US$3.75 billion), a 16.2% decrease from the previous quarter's NT$130,409 million. The gross...
Thursday 26 April 2012
CMI to hit 1 million 39-inch TV panel milestone in May or June
Chimei Innolux (CMI) is expected to see its shipments of 39-inch TV panels hit the one-million mark in May or June. Monthly shipments of 50-inch TV panels are estimated to each 300,000...
Friday 20 April 2012
CMI, AUO likely to swing back to profitability in 2H12
Chimei Innolux (CMI) and AU Optronics (AUO) are likely to swing back to profitability in the second half of 2012 as flat panel prices are expected to continue running higher in the...
Monday 9 April 2012
CMI capacity utilization rate reaching 80%, says paper
The capacity utilization rate of Chimei Innolux (CMI) will rebound to over 80% in April, buoyed by increasing panel orders from Japan-based brand vendors including Sony and Hitachi,...
Friday 6 April 2012
CMI reaches debt settlement agreement with creditor banks
Chimei Innolux (CMI) has reached a debt settlement agreement with its creditor banks, cutting repayment amounts of its debts due in 2012 to below NT$15 billion (US$508.82 million)...
Tuesday 3 April 2012
Second-tier LCD monitor OEMs facing increasing challenges in 2012, say sources
Second-tier LCD monitor OEMs will face increasing challenges in terms of shipments in 2012, as the top-2 OEMs - TPV Technology and Foxconn Electronics - combined are expected to take...
Monday 2 April 2012
CMI posts heavy losses of nearly NT$65 billion for 2011
Chimei Innolux (CMI) has reported net losses of NT$20 billion (US$677 million) for the fourth quarter of 2011, bringing total losses for all of the year to NT$64.76 billion.
Wednesday 28 March 2012
Foxconn to subscribe to CMI new shares
Foxconn Electronics (Hon Hai Precision Inudstry) and its associated companies will subscribe to new shares to be released by Chimei Innolux (CMI) in 2012-2014 based on the portion...
Wednesday 28 March 2012
Foxconn-Sharp partnership likely targeting Apple orders
Sharp has announced a strategic alliance with Foxconn (Hon Hai). Through third-party allotment, four Foxconn subsidiaries will obtain an about 9.88% stake and become the largest shareholder...
Friday 23 March 2012
China hikes import tariffs for LCD panels
The China government has officially announced that it will raise the tariff rate levied on imports of LCD panels in sizes over 32-inch from the current 3% to 5%, effective on April...
Monday 19 March 2012
CMI appoints new chairman
Chimei Innolux (CMI) has appointed CEO Hsing-chien Tuan as its new chairman, effective on March 16. Tuan will also continue to serve as CEO.
Monday 12 March 2012
CMI reports strong sequential revenue gains for February
Chimei Innolux (CMI) has reported consolidated revenues of NT$32.79 billion (US$1.11 billion) for February, up 19.6% on month but down 0.2% on year.
Thursday 1 March 2012
CMI to hike 39-inch LCD panel prices in March
Chimei Innolux (CMI) reportedly has received consent from most of its clients to raise unit prices of 39-inch LCD panels by US$5 starting March, according to industry sources. CMI's...
Thursday 1 March 2012
Apple may be unable to ramp up supply of iPad 3 until 2Q12, say sources
Apple may not unable to ramp up the supply of its next-generation iPads (iPad 3), which are expected to be launched at a company event on March 7, due to insufficient supply of high...
Wednesday 22 February 2012
CMI has heavy debts in China, says paper
Having concluded the last round of debt negotiations with more than 30 creditor banks in Taiwan on February 17, Chimei Innolux (CMI) has revealed that it also has NT$50-60 billion...