Forepi Becomes Supplier for Samsung LED TV

Taiwanese chip manufacturer Formosa Epitaxy (Forepi) has become one of three large suppliers for Samsung LED TVs. The company anticipates large shipment volumes in 1Q14 to help contribute to revenue proportions increasing from 15 percent to 20 percent this year, according to Investor. Legal persons estimate that Forepi 2Q14 will turn loss into profit, giving this year an opportunity to have a turnaround.

Last year, Forepi increased production capacity to 32,000 chips per month, and focused on adjusting quality to continue strengthening opportunities in the lighting market. It is estimated that revenue proportions this year have the chance to increase from 30 percent to 40 percent and higher.

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