Konka to Invest RMB 200 Mln in LED Company
Cnstock, 9/30/10
Chinese television maker Konka (200016.SZ, 000016.SZ) announced in a public filing today that it is examining the feasibility of purchasing a stake in an LED display manufacturer, in order to ensure sourcing for its LED televisions. The filing states that Konka does not intend to invest more than RMB 200 mln; nor does it seek to acquire a controlling interest or guiding position in any LED manufacturers.
Keywords: display television LED Konka 000016.SZ 200016.SZ investment
Sending
