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Article: SHENZHEN TIANMA BIDDING FOR SVA'S 5G LINE

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AsiaInfo Services
Article date:
August 3, 2009
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AsiaInfo Services
08-03-2009
Shenzhen Tianma Bidding for SVA's 5G Line

SHENZHEN, Aug 03, 2009 (SinoCast Daily Business Beat via COMTEX) -- Deeply-troubled, cash-strapped SVA Group is seeking for buyers for its money-losing fifth-generation TFT-LCD production line.

Some major Chinese LCD makers like Shenzhen Tianma Microelectronics Co., Ltd. (SZSE: 000050), IRICO Display Devices Co., Ltd. (SHSE: 600707), BOE Technology Group Co., Ltd. (SZSE: 000725), and Wuhan Optical Valley are all biding for the production line.

Shenzhen Tianma hopes that the deal will help it diversify its product lines out of smaller LCD panels. Now the company is also setting up a 4.5G production line.

However, some ...

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