Long-term Value InvestorAccording to media reports, Micron Technology acquired an old 5.5-generation LCD panel factory from Taiwan's Innolux for NT$18 billion (US$560 million). Innolux will hand it over to Micron Technology by the end of July and pointed out that Innolux has begun developing fan-out panel-level packaging (FOPLP) for semiconductors at a 3.5-generation panel factory in Tainan. Previous rumors suggested that Innolux was in talks with a major memory chip manufacturer to invest in the 5.5-generation factory and potentially establish a partnership in panel-level packaging.$Micron Tech(MU.US)
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