History of Chi Mei Corporation in Timeline

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By Popular Timelines Editorial Team  · Updated:
Chi Mei Corporation

Chi Mei Corporation is a Taiwan-based materials company, notably the world's largest vendor of ABS resins. Beyond ABS resins, Chi Mei also manufactures advanced polymer materials, synthetic rubbers, and specialty chemicals. The corporation operates production facilities in Tainan, Zhenjiang, and Zhangzhou.

1960: Chi Mei Industrial Company Ltd. Founded

In 1960, Shi Wen-long founded the company as Chi Mei Industrial Company Ltd.

1992: Company Renamed CHIMEI Corporation

In 1992, Chi Mei Industrial Company Ltd. was renamed CHIMEI Corporation.

1997: Chi Mei Optoelectronics (CMO) Founded

In 1997, Chi Mei Optoelectronics (CMO) was founded as a subsidiary of Chi Mei Corporation.

2001: Price Fixing Conspiracy Begins

In 2001, CHIMEI Optoelectronics was involved in a price fixing conspiracy with respect to sales of TFT-LCDs which lasted until 2006.

2001: International Display Technology Established

In 2001, the CHIMEI Group along with IBM Japan established International Display Technology.

2005: Hsu Wen-lung Retirement and Sale of International Display Technology

In 2005, Hsu Wen-lung retired, and International Display Technology was sold to Sony.

2006: Price Fixing Conspiracy Ends

In 2006, CHIMEI Optoelectronics ended its price fixing conspiracy with respect to sales of TFT-LCDs which had started in 2001.

2010: CHIMEI Optoelectronics Pleads Guilty to Price Fixing

In 2010, CHIMEI Optoelectronics pleaded guilty to a price-fixing conspiracy related to sales of TFT-LCDs between 2001 and 2006.

2021: CHIMEI Reduces Innolux Stake

In October 2021, CHIMEI reduced its stake in Innolux to 0.83 percent after selling shares.