Trade Resources Industry Views Epistar Has Announced It Will Increase Its Investments in Two China Subsidiaries

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

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.

Source: http://www.digitimes.com/news/a20131219PM200.html
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Epistar to Increase Investments in Two China Subsidiaries
Topics: Lighting