China's Changhong announces OLED joint venture

Update: the new company is called Sichaun CCO.

Changhong Electric, a Chinese TV maker, announced an OLED JV with another chinese company - Chengdu Hi-Tech investment group. The companies invested around 80M$ in the new company, in which Changhong will have 60%.

Read more here (digitimes)

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Posted: Dec 18,2007 by Ron Mertens