Unipac banks on LCD plant

Article Abstract:

Unipac Optoelectronics Corp has announced plans to conduct a major stock sale in order to generate adequate funding for the installation of a liquid crystal display (LCD) facility in Taiwan. The project, expected to raise an estimated $233.3 million, also marks the country's entrance to the expanding thin-film transistor (TFT) LCD market. A number of investors have also expressed interest over TFT-LCDs due to low prices and limitless potential associated with it.

Electronic components, not elsewhere classified, Optoelectronic Devices, Optoelectronics industry, UNIPAC Optoelectronics Corp.

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Unipac banks on LCD plant

Article Abstract:

Unipac Optoelectronics Corp. stockholders gave their support to a plan to raise approximately NT$8 billion (US$233.3 million) for the equipping of a liquid display plant. The raising of funds will take place by way of a sale of stock. The move is Taiwan's latest in an attempt to increase market share in an industry dominated by Japan and South Korea. United Microelectronics Corp. of Taiwan is a 18.4% owner of Unipac.

Comment:

Stockholders giver support to a plan to raise approximately NT$8 billion (US$233.3 million) for the equipping of a LCD plant

Taiwan, Capital expenditures, Article, Unipac Optoelectronics Corp.

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Sunplus stock surge on Furby fad may be overdone

Article Abstract:

Taiwan-based Sunplus Technology Co saw a 50% increase in its stock price in October 1998 with the success of Furby, one of the most popular toys in 1998 in the US for the Christmas holidays. The company manufactures the microchip that regulates the movements and sounds of the toy. In 1998, the company expects to sell over 3.5 mil controller chips, each representing one Furby.

United States, Semiconductor Devices, Sales, profits & dividends, Semiconductor industry, Sunplus Technology Co.

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