Chi Machine

Chi Machine

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Frbiz.com reports Chi Mei Hon Hai merged panel: about 7.4 billion business fixed

In the IT industry, if the segments which did not figure Kuo-ming, or not enough of his tall figure, it is likely to exist in this area integration of space.

Recently, Hon Hai’s China investment company transferred Innolux announced that it would swap with the world’s fourth largest combined electric CMO panel business. After the merger, will serve as the group behind the hit reality subsisting company, CMO panel company name will be there.

This is the second in 2006, AUO acquired Quanta Display, Innolux last month, has been integrating Taiwan’s TPO, Taiwan’s flat panel industry with a major consolidation occurred in another case.

A meal on a good 7.4 billion business

Conference, the Chi Mei Group founder Hsu Wen-lung said that the CMO to determine integrated with the base hit, about a “meal time” to talk about better.

The basis of the two sides swap is based on 2007 to 2009 first three quarters of earnings, both past 30-day average share price and this year’s third quarter net earnings per share. Combination of the total share capital of the effort behind this meal, which means about 350 billion new Taiwan dollars (about 7.4 billion yuan) of the huge capital integration.

For this reason, Hsu Wen-lung said that in the integration of personnel with specific steps to respect, there is no talk about the details given. Terry Guo said that the new largest shareholder of the Chi Mei Chi Mei Group and Hsu Wen-lung, while the Hon Hai Group and that he personally is the second largest shareholder.

Ching-Siang Liao, chairman of CMO, said the date of the next line segment will be built Innolux chairman is responsible for the overall situation. However, due to the influence of Chi Mei Optoelectronics is much higher than the global market base Chong, Ching-Siang Liao may also be personally as chairman, president and CEO positions to be built as a line segment.

Hon Hai Group, had been with the Chi Mei Group to experience. In 2005, Chi Mei Communication Systems have been acquired, directly on behalf of the world’s largest mobile phone business. Terry Guo also said that in the past to enhance a number of former employees of Chi Mei, Chi Mei was found talented. In fact, the two company executives familiar layer. Section line to build and CMO’s current president, Wang Chao was a colleague.

Terry Gou fight against South Korea?

The combined survival for the group of record companies, the details of the show, as the second largest shareholder in the group with the Kuo-ming, is the protagonist of the future.

As the world’s largest semiconductor company, Hon Hai is the overall development of the field of optoelectronics. As a piece of the base hit, in the past few years, has continued integration of the industry’s resource. Early in October, it announced plans to swallow up Taiwan second-tier panel-stock companies Toppoly, swap ratio of 1:8, with a total transaction volume more than 4 billion yuan.

However, the co-operation with the CMO, I am afraid even more Kuo Ming echocardiography. He was a bit exaggerated to say that merging the two sides will play a “one plus one is greater than 5″ results in the production, technology, raw materials, management, etc., will be effectively integrated, initially will be beyond the reach of Friends of Taiwan’s largest , while the medium and long term, it must become a rival South Korea’s Samsung Electronics, LG’s global panel one of the top three.

Hsu Kuo-ming quoted as saying the panel industry, or “8:00 am the sun just rose up,” at the initial stage, the huge development potential. But he believes that the industry is only the first can make a big profit, the second a little money to be earned, and the third time when the profit losses, while the remaining big lose a small profit. Must therefore be the top three. At present, the Chi Mei concentrated in the large-size, focus on small and medium size group of record, covering integrity, but also concurrently TV Innolux machine contract, and recently acquired the Sony plant in North America. Deutsche Bank Securities analyst Matt Cleary believes that the new company already has the power to compete Korean enterprises.

Terry Guo did not appear to boast that he already new idea. Foxconn Shenzhen State-owned enterprises with deep super-science and technology has long been jointly established by the five-generation project of deep ultra-optoelectronics, and successfully put into production. And Hon Hai has been in the mainland to seek planning photoelectric industrial park in Xiamen last year, fell once, but recently announced that they have officially reached Chengdu cooperation.

Terry Gou is on the 14th that it would be in the mainland to establish a new panel plant. However, all this needs to wait for Taiwan’s industrial policy and opening up, before the Chi Mei and AU Optronics are only implicitly layout of the project has not been officially announced.

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Does anyone knows a good gym to go in Ho Chi Minh City?

Hi there, I’ll be there on April 2nd in HCMC, District 1. I’m looking for a decent size gym with good cardio machines, and a lot weights machine as well. A Sauna or Steam room is not necessary, but i’ll be great to have one.

The place has to be clean, bright, and well equiped. If you have the address it would be great. Prefer it to be in District 1 or 3. First person with detail info will receive 10 pts.

Thanks again… !
To Luke M: Thanks, do you happen to know what time the gym open?
To Hoo-Ha, if you don’t know, don’t answer!

If my memory serves me right and if that place still opens, there’s that gym run by one of Vietnam’s most famous bodybuilders Pham Van Mach. I was just so glad I found the place (it was in district 5 though), clean, AC-ed, fully equipped, and very friendly (they were even willing to open up to 11 pm for me). Not sure about the address but here’s how you get there
Take the right turn to Nguyen Bieu St from Tran Hung Dao St if you’re travelling from District 5 to 1 (or vice versa), anyway, take the one that will lead you to Chu Y Bridge (the gym is on the left side of the street and it was like in the corner).
Just go there and ask the people for further information, it cost me 15 dollars/month (4 days a week) (and that was almost a year ago but I can still ask my friend who still lives there if there’re any changes)
Ho Chi Minh City is just crazy in every way (esp the traffic), but you’ll be more than happy that you’re there. Drop me off any questions that you have and I’ll help you answer them.
Cheers
Edit: yeah, from 6 am to 9 pm (close from 11 am to 12 pm for lunch)