Taiwan touch panel manufacturing business acquisition of Samsung LCD display module assembly equipment

The company has recently acquired Samsung Display’s back-end laptop liquid crystal display module (LCM) assembly equipment, significantly boosting its LCM production capacity. This move was made by Taiwan-based General Interface Solution (GIS), a subsidiary of Hon Hai Group, known for its expertise in touch panel manufacturing. By integrating Samsung's advanced LCM equipment, GIS is now better positioned to meet growing demand from major clients like Apple. This article comes from: http:// GIS first started supplying Apple with LCM components for the mainstream 13-inch MacBook models in Q4 2017 and is expected to ramp up shipments starting from Q2 2018. The company is also preparing to supply LCM modules for Apple’s new entry-level 13-inch MacBook model, which is set to launch in the second half of 2018. According to industry sources, the notebook LCM business is projected to account for about 10% of GIS’s total sales in 2018. In 2017, GIS reached a production capacity valued at NT$11.132 billion (approximately US$388.3 million). To support future growth, the company allocated an additional NT$4.861 billion in capital expenditure in early 2018, including NT$1.2 billion specifically for purchasing Samsung LCM equipment. This investment underscores GIS’s commitment to expanding its manufacturing capabilities and maintaining a competitive edge in the market. Beyond LCM production, GIS is also working on enhancing its ability to integrate small and medium-sized OLED panels, aiming to diversify its product offerings. Additionally, to strengthen its financial position, GIS and its subsidiaries have secured a US$300 million syndicated loan from a Taiwanese bank consortium. These strategic moves highlight the company’s focus on long-term growth and technological advancement in the display manufacturing sector.

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