2013-12-20
Taiwanese LED package manufacturer Tyntek has ended investment in LED upstream chip manufacturer Alpha Plus Epi Inc (Alpha Plus Epi) with an estimated recognized loss of NT $1 billion (US $33.4 million) for 2013. The company however does not plan to completely back out of the LED chip market. Instead, the company is shifting focus from the Taiwan market to China. Tyntek through a joint venture with Fujian Electronics & Information established Fujian Prima Optoelectronics in 2010. This new epitaxy factory is projected to begin mass production in 2H14.
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