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Changhong Takes Orion PDP Stake Through Its Subsidiary

Aggregated Source: ChinaTechNews.com
December 17, 2006|

China's State Asset and Reform Commission reports that Sichuan Shiji Shuanghong Display Company, a joint venture company between Changhong and IRICO Group Electronics, has acquired 75% of the stake of Sterope for US$99.9 million, hence becoming an indirect shareholder of Orion PDP, the third largest plasma manufacturer in the world. Sterope is an investor of Orion [...]

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