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2010-11-16

Wafer Works invests US$600,000 for Formosa Epitaxy's new subsidiary

Recently, Wafer Works reported that the company planed to invest US$600,000 for Formosa Epitaxy's new subsidiary in Jiangsu, China, with a 1% share. For Wafer Works, it was not a small stake, but the shareholder relations would improve its ability in the LED supply chain, with the sapphire substrate prices on the rise in 4Q.
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