Formosa Plastics Group FPDC may sell its PDP production lines to China-based companies.
The information comes just a few days after Formosa Plastics Group (FPG) invested
NT$3 billion in its subsidiary Formosa Plasma Display Corporation (FPDC). The company
plans to transfer technicians to China as well, according to sources at FPDC.
The story is available from Taiwanese DigiTimes.com. FPDC was unavailable for comment
at the time of publication.
In March, FPDC denied rumors that it had suspended its operations after incurring
huge losses, though the company did admit that it was lowering its production output.
The company was established by FPG (77.5%) and Japan-based Fujitsu Hitachi Plasma
Display (FHP) in 2002.
If FPDC sells its PSP business, Chunghwa Picture Tube (CPT) would be the only
Taiwan-based PDP maker. Earlier this year, CPT was reported by Pacific Epoch as
planning to set up a joint venture with Taiwan Semiconductor Manufacturing Company
(TSMC), and Quanta Computer to produce PDPs in China.