Chimei Innolux Expects Decline In 2012 Capital Expenditure

Chimei Innolux Corp projected a decline in its capital expenditure next year.

It expects capital expenditure to drop below NT$30 billion (US$988.3 million), from about NT$50 billion this year. Chimei Innolux also lowered its capex view for 2011, especially in the US and European markets.