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2012-11-15

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...
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