2013-08-09

Innolux Finding it Difficult to Turn a Blind Eye on Chi Mei’s Financial Situation

LED chip manufacturer Chi Mei Technology Corp went out of business last month after a surprise exodus by the company’s board members. A staggering amount of NT$5.6 billion in unpaid debts has lead to anger from creditor banks. The phones were ringing off the hook yesterday (7) for Chi Mei’s top shareholder Innolux with calls from legal persons and investors. Innolux expressed that during today’s (8) online conference, chairman Tuan Hsing-chien will be there himself to offer explanation.
Continue reading

ams OSRAM, a global leader in intelligent sensor and emitter technologies, has filed a patent infringement complaint in the United States against Spider Farmer, a manufacturer of indoor farming luminaires, and has also taken further action bas... READ MORE

Recently, the world’s largest monolithic LED virtual production volume—jointly developed by Absen and Versatile Media—made a high-profile debut, drawing widespread attention across the industry and beyond. As a global leader ... READ MORE