Chi Mei Corporation
Type | Corporation |
---|---|
Industry | Petrochemical |
Founded | 11 January 1960 |
Founder | Shi Wen-long |
Headquarters | Rende, Tainan, Taiwan |
Key people | Shi Wen-long (Founder) (Chairman) (General Manager) |
Products | Plastics, , Electronic Materials, |
Website | www |
CHIMEI Corporation (Chinese: 奇美實業; pinyin: Qíměi Shíyè; CMC) is a Taiwan-based performance materials company. It has long been known as the world’s largest vendor of ABS resins. It has factories in Tainan, Zhenjiang and Zhangzhou. It also produces advanced polymer materials, synthetic rubbers, and specialty chemicals.
CHIMEI Corporation is part of a privately held holding company called the CHIMEI Group, which has numerous subsidiaries. One of them is Chi Mei Optoelectronics (CMO), which was founded in 1997 as a subsidiary of Chi Mei Corporation. Chi Mei Group was the largest shareholder in publicly listed CMO. The new Chimei Innolux Corporation (Chinese: 奇美電子, CMI) is the world's No. 2 and Taiwan's No. 1 largest maker of TFT-LCD panels[1] and the likely owner of Westinghouse Digital Electronics. Though CEO Douglas Woo has maintained the confidentiality of the ownership of the private Westinghouse licensee, they admit a significant vertically integrated relationship exists between the two.[2] CHIMEI has sold Innolux shares, stake in Innolux has fallen to 0.83 percent in Oct. 2021.[3]
CHIMEI has a partnership with Mitsubishi Chemical Corporation of Japan.
History[]
The company was founded by Shi Wen-long in 1960 as Chi Mei Industrial Company Ltd., the first acrylic sheet manufacturer in Taiwan; it was renamed CHIMEI Corporation in 1992.[4]
In 2001, the CHIMEI Group along with IBM Japan set up International Display Technology, which it subsequently sold to Sony in 2005.[5][6] In 2010, CHIMEI Optoelectronics, then a subsidiary of CHIMEI Corporation, pleaded guilty to a price fixing conspiracy with respect to sales of TFT-LCDs between 2001 and 2006.[7]
See also[]
- Chi Mei Museum
- List of companies of Taiwan
References[]
- ^ "Plastics News - More News". Archived from the original on 2009-05-08. Retrieved 2007-09-18.
- ^ Consumer Electronics: The Clone Wars Archived October 18, 2007, at the Wayback Machine, Electronics Manufacturing Asia
- ^ "Chi Mei posts loss after selling Innolux shares - Taipei Times". www.taipeitimes.com. 2021-10-05. Retrieved 2021-10-08.
- ^ Chi Mei Corporation. Chi Mei profile Archived March 12, 2008, at the Wayback Machine
- ^ Wang, Lisa (2005-01-08). "Chi Mei to sell Japanese unit to Sony". Taipei Times. Retrieved 2009-03-20.
- ^ "Sony to Acquire IDTech's Yasu LCD Manufacturing Facility" (Press release). Sony. 2005-01-07. Retrieved 2009-03-20.
- ^ "Taiwan LCD Producer Agrees to Plead Guilty and Pay $220 Million Fine for Participating in LCD Price-Fixing Conspiracy". 9 December 2009.
External links[]
Wikimedia Commons has media related to Chi Mei Corporation. |
- 1960 establishments in Taiwan
- Companies based in Tainan
- Electronics companies of Taiwan
- Electronics companies established in 1960
- Manufacturing companies of Taiwan
- Non-renewable resource companies established in 1960
- Plastics companies of Taiwan
- Chemical companies established in 1960