Epistar’s board recently approved a NT$1 billion (US$33.43 million) capital investment plan in a wholly owned Taiwanese subsidiary company that was originally a factory of Huga Optotech, according to Epistar. To meet client demands, some orders will be commissioned to the subsidiary’s factories based in Central Taiwan Science Park. The subsidiary will be mostly manufacturing blue and green light LED dies in the future, with productions estimated to begin during first quarter of 2014.
Although the Taiwanese subsidy was established in 2009, its production plan has been on hold till Epistar decided to make a US$33.43 million capital investment in the company this year. The investments are made mainly due to positive outlook of LED market demands in 2014, said Epistar. The company is preparing in advance production capacity to avoid missing any opportunities in the fast growing LED market.
The Taiwanese subsidy will be mostly producing blue and green light LED dies but is still planning the number of equipments deployed, and production scale remains uncertain. Production is estimated to start in 1Q14 as there is no need to rebuild the factory since it belongs to another Epistar company Huga Optotech.
The Taiwanese subsidiary will be introducing Epistar’s embedded LED chip, Power Device, and other new technology and products to its production line, according to a public notice. The company will be entering different lighting applications and niche markets by using its advantages in package free chip technology and flexible designs.
