B.J. Lee: San'an Opto Poses No Threat to Epistar

Since Epistar’s announced the merger with Taiwan based LED manufacturer FOREPI, the industry has been concerned about rival San’an Optoelectronics (San’an Opto) potential to undermine Epistar’s management.  

Responding to these inquiries, Epistar’s Chairman B.J. Lee appeared unconcerned, and was optimistic about future developments. “We need to treat all of our shareholder equally, regardless of where they are from and what their past relationship was like with our company,” said Lee in a brief interview with Taiwanese financial media Sanlih E-Television. 

Moreover, despite San’an Opto being the second largest shareholder in Epistar after the merger, the company only holds three percent of company stocks. This is only close to half of the shares held by Epistar’s largest stockholder Wanhai Shipment, which has a seven percent stake in the company. With such a small percentage, San’an Opto will have little impact on Epistar management rights. Epistar can breathe easy, knowing its position as top dog in the Taiwan LED chip industry is secure. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE