LED maker Epistar plans takeover of subsidiary

August 15, 2012 — Epistar, light-emitting diode (LED) chipmaker, will completely take over its subsidiary Huga Optotech through a share swap.

Huga Optotech makes LEDs on gallium nitride (GaN) processes. It currently can produce 10 billion LED chips monthly. At the end of 2011, the company had 1,200 employees. It operates 2 fabs in Taichung Industrial Park and 1 in Central Taiwan Science Park, Taiwan.

Epistar is Taiwan’s largest LED maker. The share swap will involve 1 Epistar share for 4.85 Huga shares. Target merger date is December 28, 2012.

Read the full story from sister publication LEDs Magazine here.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW PRODUCTS

KLA-Tencor announces new defect inspection systems
07/12/2018KLA-Tencor Corporation announced two new defect inspection products at SEMICON West this week, addressing two key challenges in tool and process monit...
3D-Micromac unveils laser-based high-volume sample preparation solution for semiconductor failure analysis
07/09/2018microPREP 2.0 provides order of magnitude time and cost savings compared to traditional sample...
Leak check semiconductor process chambers quickly and reliably
02/08/2018INFICON,a manufacturer of leak test equipment, introduced the UL3000 Fab leak detector for semiconductor manufacturing maintenance teams t...