Chi Mei Corporation (traditional Chinese: 奇美實業; pinyin: Qí Měi 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 as of 1999.^[1] It has factories in Tainan and Zhenjiang.^{[citation needed]} It also produces acrylic glass, polystyrene, thermoplastic elastomer and synthetic rubber.^[2] 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.^[3] Chi Mei has a partnership with Mitsubishi Chemical Corporation of Japan (Mitsubishi holds 27.08% of shares).^[4]

In 2009 the company pleaded guilty to a price fixing conspiracy in respect of sales of TFT-LCDs between 2001 and 2006.^[5]

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 is the largest shareholder in publicly listed CMO. CMO is the world’s No. 4 and Taiwan’s No. 2 largest maker of TFT-LCD panels^[6] 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.^[7]

In 2001, the Chi Mei Group along with IBM Japan set up International Display Technology, which it subsequently sold to Sony in 2005.^[8][9]

[edit] See also

• Chi Mei Museum

[edit] References

[edit] External links

• Chi Mei Corporation
• Chi Mei Group
• Article on record-breaking LCD screen

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