FOREPI Intends to Deepen Cooperation with Mainland Chinese LED Makers

Formosa Epitaxy Inc. (FOREPI) has signed a deal with mainland Chinese LED maker San’an, which makes San’an the No.1 institutional shareholder of FOREPI.

FOREPI Chairman F.J. Chien said San’an s 19.9% acquisition of his company’s ownership will help his company enter mainland China’s LED market and bring down his company’s production cost.

What’s more, Jien noted that after cooperating with San’an, his company will enter into alliance with mainland China’s No.1 LCD maker, BOE Co., Ltd., whose products use LED as backlight.

He pointed out that in world LED market, Taiwan’s manufacturers face not only competition from South Korean and mainland Chinese manufacturers but also competition from European, American and Japanese manufacturers. In the competition, the company has neglected the importance of capacity size until entering into alliance with San’an.

San’an’s chairman, Lin Xiucheng, estimated the partnership would help slow down undercutting competition in the market. He said the partnership will help the two companies in bringing down cost and squeezing into supply chains of international brand names.

According to industry executives, San’an will hold at least two seats at FOREPI’s board of directors after FOREPI completes its capital increase plan.

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.

VueReal, the pioneer of MicroSolid Printing™, today announced a significant expansion of its Reference Design Kit (RDK) portfolio with new industry-specific bundles. Purpose-built for automotive and consumer electronics, the vertical RDK... READ MORE

ViewSonic Corp., a leading global provider of visual and edtech solutions, announces the shipping of LDS138-151, a 138-inch all-in-one, mobile Direct View LED Display Solution Kit. The ViewSonic LDS138-151 is a fully pre-assembled kit that bui... READ MORE