Qualcomm Building A $1 Billion Mirasol Display Plant In Taiwan

Posted Jan 3, 2011

QUALCOMM, Inc. (NASDAQ:QCOM) is investing $1 billion to build a new computer-display plant in Taiwan according to the island Ministry of Economic Affairs. The investment will be made later this year. Qualcomm said that the plant will focus on making screens using Mirasol technology. Qualcomm began a partnership with Cheng Uei Precision Industry Co. in Taiwan around 2009 to produce lower powered displays for e-book readers. [BusinessWeek]