CMO said the rumor is not intended to invest in the mainland panel production

May 12th, recently reported that the construction of Foshan city's electronics company has started in China, south of a seventh generation TFT LCD production plant, but the company has denied the cmo.

The report quoted an official as saying that the LCD production plant will be put into trial production in December 2006, from the beginning of mass production in 2007.

CMO denied that it is not intended to set up a factory in the production of liquid crystal display, Chinese, because the Taiwan authorities have laws prohibiting the Taiwan panel makers investment panel business in the mainland, only the back end of the assembly process of production.

The company said it would invest $300 billion to build a new LCD module factory in Guangdong, Foshan, and has submitted an application to the authorities concerned.

CMO company said it is currently located in Zhejiang province Ningbo City plant is the only one in which liquid crystal display module design, Chinese production plant, this plant is expected in the first phase of the maximum monthly production capacity of 1 million 350 thousand pieces, according to media reports, the final monthly production capacity will reach 3 million 500 thousand.