July 5, 2000

Taipei - - Chung Hwa Picture Tubes Ltd., the world's biggest maker of CRTs, delivered at total of 17 million CRTs in t he first six months of 2000 and forecasts 30 millions by the end of the year, a spokesman announced in Taipei.

Chung Hwa is also a major TFT-LCD (thin film transistor liquid crystal display maker, including displays for notebook PCs, where Taiwan previously was dependent on deliveries from Japan only.

While sales of conventional CRTs are still the company's mainstay, Chung Hwa was the first Taiwan maker to go into mass production of TFT-LCDs last year. Of the total pretax profit of 9,9 billion Taiwan Dollars forecasted for 2000, 1,6 billion will be reaped from TFT sales, the company predicted.