2014-09-01

B.J. Lee: Epistar Won’t be Slashing FOREPI Jobs After Merge

Epistar and FOREPI stockholders have approved the proposed merger between the two companies today, according to a report by Cynes.com. FOREPI stocks will be swapped at a rate of 3.448 per Epistar share. 
Continue reading
2014-08-28

Taiwan's FTC Approves Epistar and FOREPI Merger

Taiwan’s Fair Trade Commission recently approved Epistar and FOREPI’s merger.
Continue reading
2014-07-30

Epistar Might Report Losses for 1H14

Major LED EPI-wafer and chip manufacturer Epistar’s revenue was up 30 percent to NT $ 8.13 billion (US $270 million) during second quarter of 2014. Growing backlight and lighting demands have benefited the company, but financial results for first half of 2014 might still be negative, due to huge losses incurred during first quarter, according to a Money DJ report. Third quarter 2014 financial results will be cushioned by the arrival of the peak season, and is estimated to assist the company in maintaining high profits throughout the season. 
Continue reading
2014-07-28

Epistar CFO Talks about Decision Behind Merge with FOREPI

The merge between Taiwan’s two largest LED manufacturers Epistar and FOREPI has established the trend of forming alliances in the country’s LED industry, and the dawning of the oligopoly market. Since the two company’s merge on June 30, 2014, FOREPI has received LED lighting OEM orders from Epistar. No further restructures and adjustments have been made so far. What were the actual circumstances behind the birth of the new Epistar? What exactly happened behind the scenes? In this in-depth interview with Epistar Chief Financial Officer and Spokesman Rider Chang, LEDinside probes into the company’s mindset during the recent merge.
Continue reading
2014-07-09

June Marks Epistar’s Fourth Consecutive Month of Growth

Epistar reported good revenue performance in June, benefitting from high backlight and lighting demands, according to the China Times. Consolidated revenue in June reached NT $2.82 billion (US $94.2 million), increase of 0.85 percent MoM, making it the fourth consecutive month with record high revenue. Lextar performance in June was equally good, hitting a single month high of NT $1.36 million. FOREPI reported revenue of NT $500 million in June, up 4.36 percent MoM. 
Continue reading
2014-07-04

Epistar and FOREPI Merger to Bring New Golden Era to Taiwan LED Industry

The merger between LED chip manufacturer Epistar and FOREPI has generated much discussion in the industry. Industry insiders have different views on the trend of large LED upstream manufacturers dominating the market. While foreign investment firms are optimistic the merger will create a win-win situation for Epistar and FOREPI, other market insiders are concerned it will have a negative impact on downstream manufacturers.
Continue reading
2014-07-04

B.J. Lee: San'an Opto Poses No Threat to Epistar

Since Epistar’s announced the merger with Taiwan based LED manufacturer FOREPI, the industry has been concerned about rival San’an Optoelectronics (San’an Opto) potential to undermine Epistar’s management.  
Continue reading
2014-07-02

Major Int’l Financial Institutes Give Thumbs Up to Epistar and FOREPI Merger

Epistar’s acquisition of FOREPI earlier this week rocked the LED industry. Foreign financial institutes have tooted the merger as a win-win for both sides, as it will boost Epistar’s global market shares to 20 percent and production capacity up 30 to 40 percent, according to a United Evening News report. 
Continue reading
2014-07-01

San’an Opto Weighs Options After Epistar Aquires FOREPI

Once news broke of Epistar’s acquisition of FOREPI, all eyes turned to China based chip manufacturer San’an Optoelectronics (San’an Opto), eager to see how the company would react. 
Continue reading
2014-06-30

Epistar Acquires FOREPI to Solve Supply Shortage Issues

Top Taiwanese LED chip manufacturers Epistar and FOREPI have officially merged, the two companies announced at a joint press conference held in Taipei, Taiwan on June 30, 2014. The two companies announced the merger will integrate the two companies resources, production capacity, and staff to meet market demands and improve revenue performances.
Continue reading
2014-06-30

Epistar Merger with FOREPI to Ease LED Chip Price Falls, says TrendForce

Taiwan-based manufacturers Epistar and FOREPI today announced merge plans. Through conversion of shares, FOREPI will become a 100 percent fully owned subsidy of Epistar. The trend of acquisitions within the LED industry will continue in 2014, observed LEDinside, a research division of TrendForce. Epistar’s merger with FOREPI will improve production capacity, cost management, as well as client and product integration. After the merge, the two companies will also be able to jointly resist market threats from Chinese LED chip manufacturer San’an Optoelectronics (San’anOpto). 
Continue reading
2014-06-30

[Breaking News] Epistar Acquires FOREPI

Epistar has finally decided to acquire FOREPI, and will be announcing the details of the deal later today, according to several Taiwanese media reports.
Continue reading
2014-04-24

San'an Opto Patent Strategies a Looming threat to Taiwanese Manufacturers Oversea Business

San’an Optoelectronics (San’an Opto) has big plans to become a force to be reckoned with both domestically and internationally. The company is expanding production capacity, releasing announcements one after another, according to a Money DJ report.
Continue reading
2014-04-02

LED Industry Flourished in March

Market listed companies have released their March revenue reports this week with the LED industry coming out on top, according to an article by Economic Daily News. LED manufacturers had unusually good performance in January and February, a traditionally slack season for the industry. The growth trend continued into the peak season where it picked up pace in March. Order visibility already extended to 3Q14. The second half of this year is anticipated to be smooth for the industry. 
Continue reading
2014-03-27

FOREPI Faces Financial Challenge in 2014

Taiwanese LED chip manufacturer FOREPI announced their fiscal 2013 financial report. The company reported losses and was hit hard during the second half of 2013 when backlight demands dropped sharply. 
Continue reading
2014-03-19

Die Manufacturers Turndown Sapphire Substrate Price Uptick Demands

Sapphire substrate price uptick has built up momentum for a while, according to a recent Commercial Times report. Sapphire substrate manufacturer’s price quotes for 2Q13 were up 3 percent, but LED die manufacturers have not accepted the price increase demands so price continues to fluctuate, said FOREPI Chairman Chien Fen-ren. 
Continue reading
2014-03-17

FOREPI Chairman Speaks Out on Flip-chip Mobile Applications

Flip-chips various features are now also being valued in the mobile application market, said FOREPI Chairman Chien Fen-ren during Leadray Energy’s Taipei office opening ceremony on March 17, 2014.
Continue reading
2013-12-19

Taiwanese Manufacturers Head of the Pack for Flip Chip Application in Large-Size Backlight

LED manufacturers cost control pressure for has not eased  as TV retail prices continue to drop. Low priced direct- type LED TVs are projected to become mainstream in 2014. LED manufacturers also plan continual release of low-cost solutions. Taiwanese manufacturers are optimistic about flip chip products ability to expand beam angle and conduct higher voltage electric currents, with Taiwanese manufacturers such as Epistar and Forepi leading the way in introducing flip chips into large sized backlight applications.
Continue reading
2013-12-18

FOREPI Utilization Rates to Rise Earlier than Expected in 1Q14

Affected by the traditionally low season in 4Q, Taiwan LED chip manufacturer FOREPI utilization rates were down to 60 percent. However, there is a possibility for large-sized backlight demands to rebound earlier than expected, as Korean manufacturers have decided the new TV models for 2014. FOREPI projects utilization rates might return to higher levels in 1Q14.
Continue reading
2013-10-15

Industry Voice: LED Integration Should Start from Specs

As the industry enters LED lighting era, Taiwan needs to speed up its smart driver IC network (power control and ballast), which has interchangeable spec and electrical interface, said FOREPI Chairman Chien Fen-Ren at the 2013 Renewable Energy Summit. In the short term, the LED industry needs to prioritize solving electrical specification protocol and integration for drivers and luminary modules to resolve bottleneck situation.
Continue reading
2013-10-11

San’an Opto’s Many Benefits from Investing in FOREPI

Chinese LED manufacturer San’an Optoelectronic Co. (San’an) has been picking up its pace in internationalization and deployment of business strategies this year. In the LED chip field, the company has become a top international manufacturer with its acquisition of Luminus, with its investments in Taiwanese LED manufacturer FOREPI has greatly improved its competitiveness. In terms of its overall business strategies, the company has set up a lighting sales company, and plans to extend its reach in downstream applications.
Continue reading
2013-07-22

FOREPI and San’an Optoelectronics Joint Venture Halted, no Approval from Taiwan’s Investment Commission yet

Without Taiwan’s Investment Commission approval, Taiwanese LED manufacturer FOREPI’s and Chinese manufacturer San’an Optoelectronics’ (San’an) ownership stake acquisition deal was thwarted. FOREPI’s board of directors approved San’an as a shareholder in private investment in late June, and recently planned to start a new LED company through a joint venture with TCL and Refond. The two approaches show FOREPI’s ambition and strategy in the Chinese LED market.
Continue reading
2013-07-17

TCL and REFOND Cooperates with Wholly-owned Subsidiary of FOREPI to Establish LED Joint Venture

Last night (July 16), Refond revealed announcement that it cooperates with TCL Group and wholly owned subsidiary of Taiwan-based FOREPI to set up a LED joint venture in Guangdong Huizhou Zhongkai High-tech Development Zone with 200 million Yuan. The new company named "Huarui Optoelectronics Technology (Huizhou) Co., Ltd.", located in Zhongkai High-tech Development Zone, Huizhou of Mainland China, and it has capital of 200 million Yuan, of which, TCL Group is the leading company, holding shares of 51%, about investment of 102 million Yu...
Continue reading
2013-06-25

Taiwan Ministry of Economic Affairs to Reconsider Sanan Taking a stake in FOREPI

The case that Sanan Optoelectronics takes a stake in Taiwan's Formosa Epitaxy was suspended because the scandal that the financial statements of Sanan are unclear was exposed in this April. Industrial Development Bureau (IDB) of Ministry of Economic Affairs (MOEA) will reconvene the special review meeting, and the results will be handed over to the Investment Commission of MOEA, the cooperative case has not been canceled. Fengren Jane, chairman of FOREPI, pointed out that the schedule of this case is still unclear, and it is still waiting for the res...
Continue reading
2013-06-20

FOREPI Debuts at Taipei International Optoelectronics Week with Package Free Chip

FOREPI displayed three newly released products at Taipei International Optoelectronics Week, and FOREPI said that two of the three models adopt Package Free Chip technology the company exclusively developed, namely 3.5 watts / 350 lumens candle light and up to 10-watts / 2000 lumens bulb, and the third product is new chip used in headlights, the current products used in headlights were shipped in small amount in June, and it will begin to be shipped in large volume in July. FOREPI said that the company publicly released in last September that it has developed a...
Continue reading
2013-02-28

FOREPI Orders AIXTRON’s CRIUS II-L MOCVD Production Systems

AIXTRON SE announced that in the third quarter of 2012 long-term customer Formosa Epitaxy Inc. (FOREPI), Taiwan, placed a new order for multiple CRIUS II-L MOCVD production systems in a 69x2-inch configuration. All systems will be used for the manufacturing of ultra-high brightness (UHB) GaN-based blue and white LEDs. AIXTRON’s local service team has started installing and commissioning the new systems in the fourth quarter of 2012 at FOREPI’s new state-of-the-art factory in the Pin-Jen industrial zone, Taiwan. Delivery...
Continue reading
2012-11-29

Mitsui Helps FOREPI to Penetrate Japanese Market

Taiwan LED maker Formosa Epitaxy Inc. (FOREPI) has entered into  the Japanese and global markets under the help of Japanese shareholder Mitsui & Co. Ltd., which is taking orders for the Taiwanese manufacturer using its shops in Japan and overseas. As San’an Optoelectronics of mainland China is approved by Taiwan government to buy into FOREPI in a private equity placement, Mitsui's stake in FOREPI will be watered down to 12% and becomes  the No.2 shareholder of FOREPI. According to Mitsui executives, for the time bei...
Continue reading
2012-11-15

FOREPI Intends to Deepen Cooperation with Mainland Chinese LED Makers

Formosa Epitaxy Inc. (FOREPI) has signed a deal with mainland Chinese LED maker San’an, which makes San’an the No.1 institutional shareholder of FOREPI. FOREPI Chairman F.J. Chien said San’an s 19.9% acquisition of his company’s ownership will help his company enter mainland China’s LED market and bring down his company’s production cost. What’s more, Jien noted that after cooperating with San’an, his company will enter into alliance with mainland China’s No.1 LCD maker, BOE Co., Ltd...
Continue reading
2012-09-12

Chinese Chipmakers Show Interests in Taiwan LED Industry

Recently, enterprises from mainland China such as BOE Technology Group and San’an Optoelectronics Co., Ltd. have privately inquired about corporate details of two Taiwanese LED chip makers, namely Formosa Epitaxy Incorporation (FOREPI) and Lextar, indicating an interest to invest in Taiwan’s LED industry after the lifting of maximum investment by Chinese investors. Chinese operators are interested in Taiwan’s LED epitaxy plants for their advanced technologies, according to institutional investors. Insiders say that the parent compan...
Continue reading
2012-06-29

Mitsui Supports FOREPI to Tap Mainland China’s LCD TV Market

Recently, Formosa Epitaxy Inc. (FOREPI) will ship LED devices to LCD TVs and lighting supplied by mainland Chinese manufacturers via its Japanese shareholder Mitsui & Co., Ltd in the third quarter, according to FOREPI’s Chairman F.R. Chien. And the orders will keep the company’s production lines busy throughout the first quarter in 2013. Chien pointed out that in the second half of 2012, the mainland’s economic stimulus packages and subsidization project for rural consumers of LCD TVs would give a boost to the mainland market f...
Continue reading

Today Philips Lumileds launches its proprietary CrispWhite Technology, yet another quality of light breakthrough in its portfolio, making whites appear vivid and bright while colors appear saturated. LUXEON CoB arrays with CrispWhite Technolog... READ MORE

For the first time there is a compact laser multi-chip package. Osram Opto Semiconductors can pack up to 20 blue laser chips in the new PLPM4 450 module. Instead of taking the laborious approach and constructing a light source from individual ... READ MORE