In the filings, CMO reported that it will acquire 45% of the holding company.
"The panel maker has been aggressive in better completing its upstream supply chain. The maker announced last December it is investing US$1.21 million in Guan-Jie Electronics (transliterated from Chinese). Thanks to the investments, CMO gained 57% of the company, which was reported by the Chinese-language Commercial Times as an LCD inverter maker."
Source:
Digitimes
Written by: Andre Yoskowitz @ 19 Mar 2007 20:20
