Innolux refutes rumor about loan issues

Innolux is rumored to have issues acquiring a syndicated loan for NT$60 billion (US$1.97 billion) recently because of debt issues of its ex-affiliate Chi Mei Lighting Technology, which declared bankruptcy in 2013. However, Innolux refuted the rumor and said the loan is still processing smoothly.



from DIGITIMES: IT news from Asia http://ift.tt/10nZz6Q

via Yuichun