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Article: TIANMA MICROELECTRONICS EYEING SVA 5G TFT LCD PANEL PLANT

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AsiaInfo Services
Article date:
August 3, 2009
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AsiaInfo Services
08-03-2009
Tianma Microelectronics Eyeing SVA 5G TFT LCD Panel Plant

SHENZHEN, Aug 03, 2009 (SinoCast Daily Business Beat via COMTEX) -- Tianma Microelectronics Co., Ltd. (SZSE: 000050) is looking to take over the 5G TFT LCD (thin-film transistor liquid crystal display) panel production line from SVA (Group) Co., Ltd., a cash-strapped LCD panel maker in China.

Tianma Microelectronics, together with its controlling subsidiary Shanghai Tianma Micro Electronics Co., Ltd., are in talks to buy the 5G TFT LCD panel line, disclosed an executive for the Shenzhen-headquartered company on August 2, noting that Tianma Microelectronics has made a offer after evaluating the plant.

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