Reported 8 months ago
A rumor surfaced about panel manufacturer Innolux’s 5.5 generation plant in Southern Taiwan being sold to Micron for 18 billion NT dollars, causing a surge in stock trading. However, Innolux issued a statement emphasizing they do not comment on rumors and speculations, advising to rely on official announcements. The company closed the plant at the end of last year and has since been the subject of acquisition speculations. Innolux is focused on its core business, transformation, and strategic planning to optimize production and enhance overall operational efficiency.
Source: YAHOO