Chi Mei Corporation
| Corporation | |
| Industry | Chemistry, Medical, Biotechnology |
| Founded | January 11, 1960 |
| Founder | Wen-long Shi |
| Headquarters | Rende District, Tainan, Taiwan |
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Key people
|
Wen-long Shi (Founder) Liao Jinxiang (Chairman) Zhao Lingyu (General Manager) |
| Products | Plastic, Photoelectronic, Food |
| Website | www |
|
Footnotes / references NT$17,924,000,000 |
|
Chi Mei Corporation (traditional Chinese: 奇美實業; simplified Chinese: 奇美实业; pinyin: Qíměi 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 in 1999. It has factories in Tainan and Zhenjiang. It also produces acrylic glass, polystyrene, thermoplastic elastomer and synthetic rubber.
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 was the largest shareholder in publicly listed CMO. The new Chimei Innolux Corporation (Chinese: 奇美電子，CMI) is the world’s No. 2 and Taiwan’s No. 1 largest maker of TFT-LCD panels 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.
Chi Mei has a partnership with Mitsubishi Chemical Corporation of Japan (Mitsubishi holds 27.08% of shares).
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.
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