China-based LCD player SVA reportedly under government custody due to financial woes

Max Wang, Taipei; Yvonne Yu, DIGITIMES Asia Wednesday 1 April 2009 0

SVA Group, a major player in China's LCD display industry, reportedly has been placed under the custody of the Shanghai ciity government for the disposal of its liabilities and turnaround after suffering a net loss of 1.8 billion yuan (US$263 million)...

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