Taiwan LED maker Formosa Epitaxy Inc. (FOREPI) has entered into  the Japanese and global markets under the help of Japanese shareholder Mitsui & Co. Ltd., which is taking orders for the Taiwanese manufacturer using its shops in Japan and overseas. As San’an Optoelectronics of mainland China is approved by Taiwan government to buy into FOREPI in a private equity placement, Mitsui's stake in FOREPI will be watered down to 12% and becomes  the No.2 shareholder of FOREPI. According to Mitsui executives, for the time bei...

Recently, Formosa Epitaxy Inc. (FOREPI) will ship LED devices to LCD TVs and lighting supplied by mainland Chinese manufacturers via its Japanese shareholder Mitsui & Co., Ltd in the third quarter, according to FOREPI’s Chairman F.R. Chien. And the orders will keep the company’s production lines busy throughout the first quarter in 2013. Chien pointed out that in the second half of 2012, the mainland’s economic stimulus packages and subsidization project for rural consumers of LCD TVs would give a boost to the mainland market f...

It’s reported that Japan-based Mitsui & Co, which had a huge business network with business involving in the monitor and automobile industries, would purchase 74.693 million to Taiwan LED chipmaker Formosa Epitaxy’s private placement, with having a 15% stake, while Unity Opto Technology would increase its investment and purchase 15.307 million of stake.