Taiwan Innolux Display Corp to build 2 plants in mainland

Innolux Display Corp plans to build two plants in mainland China, a Taiwan newspaper on Tuesday reported citing company spokesman Xu Jiacheng as saying.

The two plants include a plate module plant in southeast city of Xiamen and a monitor assembly plant in East China's Jiashan city. The former is expected to start production in the first half of next year, the report said.

The company will invest more than NTD 600 million in mainland China in 2008, Xu was quoted as saying in the report.

Innolux Display Corp is a major provider of car-use panel, handset-use panel, large-size LCM, and other products in Taiwan.