LED venture of US$120 million which has been co-opened by Taiwanese LED makers Epistar, and Lite-On Technology as well as TV maker Konka Group comes on stream in Changzou ,China on Sept. 23, 2011
Epistar has in the dominating position of the venture with a 60% stake. The venture is its first overseas and the biggest in mainland China capable of making epitaxy wafers and chips.Plus, this venture is its first that involves LED packager (Lite-On) and end-product maker (Konka) as co investors.
At the same time, Lite-On owns a 30% stake and Konka holds a 10%.
All of the cooperators are confidence of this new LED venture. According to executives of Epistar and Lite-On, the venture is designed to run a maximum of 60 MOCVD chambers, with half of that number set to be installed in the first stage.
Epistar executives pointed out that the venture delivers chips to be packaged at Lite-On, which helps its customers stay competitive with cost-effective packages.
Lite-On executives noted that the venture’s volume production will make the supply efficient.
For Konka , it will use the venture’s chips as the backlight of its TVs.
