Lextar Electronics Corp. (TAIEX 3968) went public on September 29th at Taiwan Stock Exchange (TWSE) and has become the only company in Taiwan’s LED industry with its vertical upstream to downstream integration.
 
Lextar was established in May 2008 in Hsinchu, Taiwan and has occupied a unique position in LED industry that employs a business model of up-down integration. With the merger in March 2010 with LightHouse Technology Co., Ltd., a domestic packaging manufacturer, Lextar has experienced fast paced growth. Sales revenues in 2010 reached USD 255 million (NTD 8 billion). Dr. David Su, Chairman of LEC, indicated that, with a stable output in TFT-LCD backlight applications, Lextar has built up its production and technology capacities in a very short time and secured its niche in the lighting market. Currently, Lextar’s lighting business constitutes nearly 40% of its total revenues and it has now entered the supply chains of the top three international lighting brands. Based on its vertical integration advantage, Lextar has been able to master the market opportunities and to create added value for international brands with their total solutions.
 
Lextar has positioned itself in full-spectrum lighting products and technologies of photometric, electrical, mechanical and termal since it was founded. Lextar’s full series LED light tubes, with lengths from 1 to 5 feet and a variety of options of brightness, socket and color temperature, are being shipped to customers at the volume of 200 – 300 thousand pieces per month. It has also started mass delivery of GX16 tubes which are compliant with Japan’s latest JEL801 certification. Meanwhile, LED bulbs and panel lights are already being received by international brand owners. Since 2011, Lextar has received large orders for LED lighting projects and has started shipping them out. The COB and LED light modules with various powers have also been launched. For COB product line-up, the low wattage COB products: the 4~7W, 8~15W, and 15~21W meet the requirements for light bulbs while the high wattage ones, the 30~50W can be used for downlights and floodlights.
 
With the Lighting Solutions and Value Provider (LSVP) strategy, introduced in the beginning of this year, and the technology and production capacity basis in epitaxy and chip, Lextar enters the integrated services arena for lighting markets while at the same time penetrating the ODM/OEM brand owners in EU, USA and Japan. Lextar is determined not only to capture the lighting channel markets around the world but also to adopt strategic partners in order to provide customers with quality products and services as well as to improve added value by way of multi-channels and multi-brands.

About Lextar Electronics
Lextar Electronics Corporation (TAIEX 3698), founded on May 23, 2008, is a subsidiary of AU Optronics. It specializes in manufacturing high-brightness LED epi wafers, chips and packages, as well as energy-saving and smart lighting products. The range of applications includes LCD backlighting, professional lighting source, consumer lighting source and various lighting products. Lextar officially acquired LightHouse Technology Inc. in March 2010. The company now houses more than 2,200 employees and its headquarters is in the Hsinchu Science Park, Taiwan. Its manufacturing plants are located in the Hsinchu Science Park, Hukou Industrial Park and Chunan Science Park in Taiwan, and will set up a new plant in Suzhou, China.