Semiconductor wafer foundry GCS Holding revealed that it has withdrawn the joint venture plan with Sanan Optoelectronics and turned to Epistar to work together on RFIT and optoelectronic components.

Considering the current global market uncertainty, GCS’s board of directors decided to stop collaboration with Sanan and build partnership with Epsitar’s subsidiary to meet the growing production demands in China. GCS and Epistar set up New Epi-Sky targeting RFID and optoelectronic components.

(Image: Pixabay)

Sanan and Epistar both began their business as LED chip producers. However, since the LED industry has been challenged by fierce competition due oversupply, Epistar has turned its business focus to high end LED products and other semiconductor applications including VCSEL for 3D sensing and RF technology. On the other hand, Sanan continues to compete with other LED companies in China and is suffering business decrease since 2018.

GCS might have changed its business partner due to Sanan’s decline and its slower path in transforming from LED chip producer to III-V semiconductor manufacturer compared to Epistar.

(Origin article by Topology, translated and edited by LEDinside)