Taiwanese bankers gear up for TFT LCD round 6

Three bumper financings are set to hit the market in the next couple of weeks as manufacturers look to upgrade again.

In January Chi Mei Optoelectronics Corp inked a mammoth $1.22 billion equivalent loan to finance the construction of its 5.5 generation plant. A few short months later and the three big Taiwanese thin film transistor liquid crystal display TFT-LCD manufacturers are looking to tap the market again.

This time the proceeds will be used to finance sixth generation fabrication plants as accelerating demand for notebooks and LCD TVs has increased the need for more flat screen panels. DisplaySearch, an industry research firm, has predicted that sales of LCD monitors are set to overtake their traditional cathode ray tube CRT counterparts in the second quarter of this year.

The firm...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222