Kalpana Kalpana (Editor)

Chi Mei Corporation

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Website
  
www.chimeicorp.com

Founded
  
1960

Type
  
Corporation

Founder
  
Shi Wen-long

Headquarters
  
Rende District, Tainan

Chi Mei Corporation wwwatdigitalcoukwpcontentuploads201511CHI

Industry
  
Chemistry, Medical, Biotechnology

Key people
  
Wen-long Shi (Founder) Liao Jinxiang (Chairman) Zhao Lingyu (General Manager)

Products
  
Plastic, Photoelectronic, Food

Trade heroes in taiwan 12 chi mei corporation


Chi Mei Corporation (traditional Chinese: 奇美實業; simplified Chinese: 奇美实业; pinyin: Qíměi Shíyè) is a plastics producer in Taiwan. It is the largest maker of ABS resin in the world, producing about 1 million tons of ABS annually in 1999. It has factories in Tainan and Zhenjiang. It also produces acrylic glass, polystyrene, thermoplastic elastomer and synthetic rubber.

Contents

Chimei museum collection


Overview

Chi Mei Corporation is part of a privately held holding company called the Chi Mei Group, which has numerous subsidiaries. One of them is Chi Mei Optoelectronics (CMO), which was founded in 1997 as a subsidiary of Chi Mei Corporation. Chi Mei Group was the largest shareholder in publicly listed CMO. The new Chimei Innolux Corporation (Chinese: 奇美電子,CMI) is the world’s No. 2 and Taiwan’s No. 1 largest maker of TFT-LCD panels and the likely owner of Westinghouse Digital Electronics. Though CEO Douglas Woo has maintained the confidentiality of the ownership of the private Westinghouse licensee, they admit a significant vertically integrated relationship exists between the two.

Chi Mei has a partnership with Mitsubishi Chemical Corporation of Japan (Mitsubishi holds 27.08% of shares).

History

The company was founded by Wen-long Shi in 1960 as Chi Mei Industrial Company Ltd., the first acrylic sheet manufacturer in Taiwan; it was renamed Chi Mei Corporation in 1992.

In 2001, the Chi Mei Group along with IBM Japan set up International Display Technology, which it subsequently sold to Sony in 2005. In 2010, Chi Mei Optoelectronics, then a subsidiary of Chi Mei Corporation, pleaded guilty to a price fixing conspiracy with respect to sales of TFT-LCDs between 2001 and 2006.

References

Chi Mei Corporation Wikipedia