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BOE to acquire majority stakes in CEC-Panda LCD fabs

Alex Chen and Rebecca Kuo, Taipei
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BOE would become the biggest supplier in the large-size panel sector

BOE Technology has reached a deal to acquire majority stakes in two advanced LCD fabs owned by CEC-Panda LCD Technology in Nanjing and Chengdu respectively for a total of CNY12.117 billion (US$1.78 billion) , making it the largest ever acquisition in China's...

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