Taiwan - Delayed Quote ? TWD Innolux Corporation (3481.TW) Follow Compare 15.30 +0.45 (+3.03%) At close: 1:30 PM GMT+8 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Taiwan Semiconductor Acquires Tainan Facility For $531M, Plans Major Expansion Taiwan Semiconductor Manufacturing Co (NYSE:TSM) snapped Innolux Corp’s flat-panel display plant in Tainan for $530.6 million. Taiwan Semiconductor expects to leverage the Tainan facility for future operations, the Business World reports. In June, Taiwan Semiconductor Chair C.C. Wei had flagged the urgency to double its CoWoS capacity. Also Read: Taiwan Semiconductor’s AI Growth Trajectory Could Hit A Bump From Workforce Challenges: Report Innolux is now focusing on upgrading its existing facili Benzinga ? 2 months ago TSM 3481.TW +3.03% How LCD panels are evolving The theme for the 2023 Yahoo Finance Invest Asia was Beyond Borders: Collaborating for Financial Excellence. Innolux Chairman and CEO Jim Hung (3481.TW) spoke with Yahoo Finance Executive Editor Brian Sozzi to discuss technology trends and demand, locally and globally. Hung points out that LCD panels are becoming more energy efficient and are better at signal transmission, saying the most important focus is what is “behind the screen." Hung describes how these panels are not just for televisions anymore, especially given how technology is being incorporated into our everyday lives, noting that "it's become a human's machine interface, so that's given a new value to the panel." Regarding AI, Hung believes that the process of production will be “much more” efficient and notes a “significant impact for the value chain.” Hung believes that with AI's help, the TV could become "a hub" for home operations—streamlining the overall productivity in the home. For more on Yahoo Finance Invest Asia click here. Yahoo Finance Video ? 11 months ago 3481.TW +3.03% Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST Return 3481.TW TSEC CAPITALIZATION WEIGHTED ST YTD +1.52% +26.84% 1-Year +19.49% +34.45% 3-Year -11.51% +29.82%
