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)...

Chimei Innolux (CMI) CEO Hsing-chien Tuan will lead a negotiation team to hold debt settlement talks with its creditor banks on January 20, hoping the banks will allow it to postpone...

ProMOS Technologies has submitted an application to Taiwan's Ministry of Economic Affairs (MOEA) for debt negotiations with its creditor banks, according to the cash-strapped DRAM...

Chimei Innolux (CMI) has applied for debt negotiations with its creditor banks after the flat panel maker failed to secure a syndicated loan of NT$40 billion (US$1.33 billion) in...

Taiwan's DRAM chipmaker ProMOS Technologies has revealed that it has been allowed to extend repayments on existing bank loans for one year under a government assistance program.