Lextar, a large LED manufacturing company under the AUO group, has sold one of its factory in Hsinchu County, Taiwan for NT $361 million (US $11.82 million) to Twoway Communications.

Lextar Electronics Corp. (“Lextar” or the “Company) (TAIEX: 3698) announces that its official merger with Wellypower Optronics (Wellypower) is set to take place on February 1, 2013. Upon the merger of the two LED subsidiaries of AU Optronics (AUO), Lextar will have capital values at NT$5 billion (US$169 million) and will be able to achieve a more complete and vertically integrated business model as well as further expand its LED lighting and backlighting product lines and customer base. These developments will take place under the wing of D...

Lextar Electronics Corp. (“Lextar” or the “Company”) (TAIEX: 3698) and Wellypower Optronics Co. Ltd. (“Wellypower”)(TAIEX: 3080) today announced that they have entered into an amalgamation agreement. The merger agreement was approved today by the Boards of Directors of both Lextar and Wellypower. The consolidation date of the merger is targeted for February 1st, 2013, at which time Wellypower will be absorbed into Lextar.  The merged entity will operate as Lexstar.  The swap ratio for Wellypower and Lextar is pla...

In 2011, Wellypower's products were awarded by iF Design, Red Dot Design, Taiwan Excellence and Golden Pin Design. In 2012, now Wellypower launch new high efficiency, high CRI and large light beam angle LED products. These products are maintained Wellypower own stylish design, and further concern about consumer really demands. LED Sky-Line – Perfect for office lighting. 1. High luminous efficiency - 90 Lm/W, provides ample and uniform brightness. 2. Wide light angle, perfect for general lighting. 3. Modular design can be either individuall...

LED chip packaging company Wellypower Optronics announced its consolidated revenues for December 2010 hit a record high of NT$820 million (US$28.16 million), and the company got revenues of NT$8.9 billion in the whole years, up 25.4% on year. In December, Wellypower’s LED products sales had a 55.62% share in the total revenues, while CCFL sales was at NT$319 million (38.93%) and lighting products was at NT$44.67 million (5.45%). 4Q10 revenues were NT$2.39 billion, which better than market expectations.

Wellypower Optronics reported NT$807 million (US$26.78 million) in November 2010 consolidated revenues, up 5.66% sequentially, in which Taiwan company's LED chip packaging and CCFL businesses contributed NT$429 million and NT$340 million, respectively, to represent 53.18% and 42.24% of November revenues.

Recently, Taiwan-based LED companies reported their October revenues.

Recently, CCFL lighting maker Wellypower Optronics’3Q10 revenues made a new record. The consolidated total revenues went up NT$2.27 billion, gross profit was NT$270 million with a 12% gross margin. Also, pure income reached NT$171 million (US$5.53 million), up 694% sequentially, EPS was NT$1.01, and operating incomer was NT$142 million.

Recently, CCFL lighting maker Wellypower Optronics reported hot cathode fluorescent lamps (HCFL) T5 light bars, in order to pay attention to consumer lighting market. Now, Wellypower had both contract manufacturing and own brand operations. Every moth, the company could produce 1.4-1.8 million units, which utilization efficiency was 70-80%, and package 120 million units, which may increase 200 million units by the end of 2010.

To keep up with AU Optronics (AUO)’s rising demands for LED backlights used in LCD panels, Wellypower Optronics Corp., a subsidiary company of the Taiwan-based LCD manufacturer, plans to double its LED packaging output capacity to 100 million units, reports the Taiwan Economic Times.

Festering market of LCD panels, the major applications of various backlights, has compelled Taiwan Lamp maker Wellypower Optronics Corp. to shift business emphasis to lighting. The company will ramp up output of LED emitters and LED lighting fixtures to find an outlet for LED chips from Lextar Electronics Corp., which is a member of the AUO Group as is Wellypower.