TAIPEI (Taiwan News) -- Following the sudden shutdown of two Chunghwa Picture Tube factories in Taoyuan last weekend, the company has optimistically announced that production will resume within the next few days
On Dec. 20, a report from Apple Daily said that the factories would reach normal production levels by Dec. 24. The company has since issued a follow-up statement Thursday morning, stating that limited production of display panels would resume within the next 48 hours, and would quickly be back to normal levels.
After a court order to repay an outstanding loan on Dec. 13, the company abruptly suspended production at the Longtan and Yangmei factory locations in Taoyuan on Dec. 15 to formulate a plan for financial restructuring.
Reports said that nearly 1,000 employees in Taiwan who showed up for work on Saturday Dec. 15 were shocked by the shutdown and left wondering about their future employment.
Some employees have reportedly already returned to the factory sites and are conducting checks on safety and production standards in preparation for resuming regular operations, reports Apple Daily.
In their statement, Chunghwa Picture Tubes said they will work hard to keep their suppliers and clients informed on developments, and that they remain sincerely committed to obtaining the best results for partners, customers, employees, and the company.