Following Chinese governments declining subsidies in 2015, industry insiders projected a slowdown in global LED production capacity growth rates, according to a Chinese-language Commercial Times report. The industry, though, still faces oversupply situation as the total volume of MOCVDs will reach 2,000 this year, said Epistar Chairman B.J. Lee.

Backlight orders have eased this month, but will rebound in April, a UDN report cited Epistar Chairman B.J. Lee saying at Taiwan International Lighting Show (TILS) 2015.

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.  

The arrival of LED industry’s prosperous three years is for real this time, a recent CNA report quoted Epistar Chairman B.J. Lee saying at the company’s latest stockholder meeting.

LED chip manufacturer Epistar’s Chairman B.J. Lee during the company’s year-end dinner on the 18th announced that the company is currently the largest LED chip manufacturer globally and hopes to become a first-class company in the future, according to Economic Daily News. The company’s LED lighting shipments have doubled this year and Epitar anticipate 2014 to be a better year than 2013 for the company.