hi Mei Optoelectronics (CMO) will decide on the future of its OLED (organic light-emitting diode) business at the end of 2007 the earliest, according to company president Chao-yang Ho.
CMO's non-operating losses increased from NT$534 million (US$16.1 million) in the third quarter of 2006 to NT$829 million in the fourth quarter, as Chi Mei Electroluminescence (CMEL), a subsidiary that specializes in OLED panels, had losses of nearly NT$300 million while Delta-CMO Optoelectronics Company, an affiliate that produces flat-panel lighting sources, had losses of NT$60-70 million, according to CMO.
CMO is still evaluating the competitiveness of CMEL and will have a final decision between the end of 2007 and mid-2008, Ho said
Posted: Feb 13,2007 by Ron Mertens
