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Cando raises US$103 million to fund 4.5G plant expansion

Calvin Shao, Hsinchu
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Cando, a Taiwan-based TFT LCD color filter (CF) maker, has raised NT$3.6 billion (about US$108 million) by issuing 200 million shares. The money will be used to fund expansion at its 4.5G plant, according to company chairman Bishop Chen.

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