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CHIMEI Corporation (; CMC) is a Taiwan-based performance materials company. It has long been known as the world’s largest vendor of ABS resins. It has factories in
Tainan Tainan (), officially Tainan City, is a special municipality in southern Taiwan facing the Taiwan Strait on its western coast. Tainan is the oldest city on the island and also commonly known as the "Capital City" for its over 200 years of his ...
,
Zhenjiang Zhenjiang, alternately romanized as Chinkiang, is a prefecture-level city in Jiangsu Province, China. It lies on the southern bank of the Yangtze River near its intersection with the Grand Canal. It is opposite Yangzhou (to its north) and ...
and Zhangzhou. It also produces advanced polymer materials, synthetic rubbers, and specialty chemicals. CHIMEI Corporation is part of a privately held holding company called the CHIMEI 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 Innolux Corporation () is a company producing TFT LCD panels, established in 2003 and located in Taiwan. Overview Innolux Display Corp., following its merger with Chi Mei Optoelectronics and TPO Displays Corp., began operating under the name I ...
(, CMI) is the world's No. 2 and Taiwan's No. 1 largest maker of
TFT-LCD A thin-film-transistor liquid-crystal display (TFT LCD) is a variant of a liquid-crystal display that uses thin-film-transistor technology to improve image qualities such as addressability and contrast. A TFT LCD is an active matrix LCD, in con ...
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. CHIMEI has sold Innolux shares, stake in Innolux has fallen to 0.83 percent in Oct. 2021. CHIMEI has a partnership with
Mitsubishi Chemical Corporation , or MCC, is a subsidiary of Mitsubishi Chemical Holdings Corporation. It is a Japanese corporation, that merged with Mitsubishi Pharma Corporation in 2005 to create Mitsubishi Chemical Holdings Corporation. Mitsubishi Chemical is the largest ...
of Japan.


History

The company was founded by Shi Wen-long in 1960 as Chi Mei Industrial Company Ltd., the first
acrylic Acrylic may refer to: Chemicals and materials * Acrylic acid, the simplest acrylic compound * Acrylate polymer, a group of polymers (plastics) noted for transparency and elasticity * Acrylic resin, a group of related thermoplastic or thermosett ...
sheet manufacturer in Taiwan; it was renamed CHIMEI ''Corporation'' in 1992. In 2001, the CHIMEI Group along with IBM Japan set up International Display Technology, which it subsequently sold to
Sony , commonly stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professiona ...
in 2005. In 2010, CHIMEI Optoelectronics, then a subsidiary of CHIMEI Corporation, pleaded guilty to a
price fixing Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given ...
conspiracy A conspiracy, also known as a plot, is a secret plan or agreement between persons (called conspirers or conspirators) for an unlawful or harmful purpose, such as murder or treason, especially with political motivation, while keeping their agre ...
with respect to sales of TFT-LCDs between 2001 and 2006.


See also

* Chi Mei Museum * List of companies of Taiwan


References


External links

{{commons category, Chi Mei Corporation
CHIMEI Corporation

CHIMEI Museum

CHIMEI Medical Center
1960 establishments in Taiwan Companies based in Tainan Electronics companies of Taiwan Electronics companies established in 1960 Manufacturing companies of Taiwan Non-renewable resource companies established in 1960 Plastics companies of Taiwan Chemical companies established in 1960