Inventec Acquires 4.9% Stake in Huga Optotech

Taiwan’s Inventec Corp., the world’s fourth-largest notebook PC maker, has spent NT$540 million (US$16.61 million at US$1: NT$32.5) to buy a 4.9% stake in the island’s leading LED maker Huga Optotech Inc., according to Taiwan Economic News.

To raise capital for capacity expansion, Huga has issued 18 million new shares which are valued at NT$540 million, according to the report, and all have been procured by Inventec. Everlight Electronics Co., Ltd, Taiwan’s largest LED packager, is also one of Huga’s shareholders, who spent NT$500 million on convertible bonds issued by the latter.

Optimistic about the market of LED backlight in 2010, Huga has been actively raising capital to ramp up its LED capacity. The company plans to add 39 new sets of MOCVD equipment to expand its LED output to 2 billion units a month, according to the report. In addition, Huga has established a joint venture with Seoul Semiconductor of South Korea as part of its efforts to penetrate the Korean market for LED chips.

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.
Recently, OMINSU Vietnam signed a strategic agreement with Seoul Semiconductor, marking a pivotal turning point in elevating the “Made in Vietnam” LED lighting brand. At the signing ceremony, Vietnam’s OMINSU and Seoul Semicond... READ MORE
From June 19 to 22, 2025, Samsung Electronics will collaborate with globally renowned artists to celebrate global diversity, artistic innovation and the power of display technology at Art Basel in Basel 2025, the world’s largest art fair he... READ MORE