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 →
France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE

The transition from halogen to LED technology is becoming even easier: ams OSRAM expands its portfolio of ECE-approved LED retrofit lamps with the NIGHT BREAKER LED SPEED ECE H8, HB4 and H16. The new lamps expand the options for retrofitting t... READ MORE