/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled.
JDI Taiwan Inc (JDIT, 台灣晶端顯示), a wholly owned subsidiary of Japan Display Inc, yesterday received the government’s approval to invest NT$500 million (US$18.08 million) to set up a subsidiary in Kaohsiung focusing on display module design and marketing.
The display supplier’s move came after it last month sold its local manufacturing arm, Kaohsiung Opto-Electronics Inc (KOE, 高雄晶傑達光電科技), to contract electronics maker Wistron Corp (緯創) for ￥8.58 billion (US$74 million).
JDIT has said it would continue outsourcing display module manufacturing to KOE and Wistron, while further strengthening the company’s competitiveness in its core automotive and industrial businesses.
Wistron said it plans to build a
ELECTRONICS
<strong>Wistron to buy KOE shares</strong>
Contract electronics manufacturer Wistron Corp (緯創) yesterday signed a share purchase agreement with JDI Taiwan Inc (台灣晶端顯示) to acquire all the common shares of Kaohsiung Opto-Electronics Inc (KOE, 高雄晶傑達光電科技), a subsidiary of JDI Taiwan, for ￥8.58 billion (US$77.16 million). Wistron made the announcement in a regulatory filing on behalf of its subsidiary Wise Cap Ltd (鼎創), whose board of directors on July 8 approved the acquisition to reinforce its partnership with Tokyo-based Japan Display Inc. “Based on the KOE’s net value of NT$1.346 billion on March 31, and taking into account other relevant pricing factors, the