There are reports that CMEL is facing financial problems (most of them due to parent company CMO), and is now working at only 40% of its capacity. The same reports also suggest that Sony stopped their OLED production line, but this seems less verified.
Earlier this week CMO merged with Innolux. We haven't heard from CMEL for quite some time and hopefully this merger will solve the current financial problems.
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Posted: Nov 18,2009 by Ron Mertens
