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Epistar Has Announced It Will Increase Its Investments in Two China Subsidiaries

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Core prompt: LED epitaxial wafer and chip maker Epistar has announced it will increase its investments in two China subsidiaries: an additional US$34 million for United LED (Shan Dong), which

LED epitaxial wafer and chip maker Epistar has announced it will increase its investments in two China subsidiaries: an additional US$34 million for United LED (Shan Dong), which it owns a 60% stake, in northern China; and US$20 million for Episky (Xiamen), a wholly-owned subsidiary in southeastern China.

The Taiwan-based firm said the extra investments are meant for production capacity expansion.

United LED will increase MOCVD equipment from 18 sets currently to 35-40, with monthly production capacity to expand from 140,000 wafers to 200,000, Epistar indicated.

 
 
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