June 29, 2000

Taipei - - Taiwan's Grand Pacific Optoelectronics, manufacturer of LCD displays, announced a strategic alliance with an undisclosed US partner to deliver one million LCMs ( Liquid crystal modules ) annually. The company traced the increase in demand mainly to the proliferation of digital personal assistants (PDA) and announced a plan to invest upt to 700 million Taiwan Dollars into another plant for super twisted nematic-liquid crystal displays.

Grand Pacific also enjoys a booming business through increase in demand for LCDs, used in mobile phones and especially mentioned French mobile phone makers Alcatel and Sagem as volume customers.