Lextar Plans to Launch IPO on September 29th

Lextar, the LED subsidiary of AU Optronics Corporation (AUO), plans to launch its IPO with a stock price of NT$ 17 on September 29th. The considerable growths in both lighting product business and penetration rate contribute to Lextar’s revenue outperformance in 2H11 compared to 1H11.

Lextar is a LED manufacturer that vertically integrates upstream chips and packages and downstream light sources and light products. The company’s business in the panel sector accounts for 70% of its total revenue. Lextar’s parent company AUO is its biggest account, taking up 70% of its shipment.

David Su, Ph.D., the Chairman of Lextar, is optimistic about the prospects of the lighting market. Lextar’s vertically integrated business model can strengthen its cooperation with global major companies. The company will continue placing emphasis on the OEM business and endeavor to make inroads into the light market. At present, the Japanese market takes up 50% of its business.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE