Epistar and UMC plan LED joint venture in China

Taiwan-based LED supplier Epistar Corp. and United Microelectronics Corp. (UMC) have formed an LED chip joint venture based in Mainland China.

Recently, Epistar has revealed that it plans to invest $128 million in two China-based ventures, including $120 million in an LED epiwafer and chip manufacturing venture tentatively called Changzhou Co. In the second filing, Epistar said it would invest $8 million in another LED epiwafer and chip venture in China, United LED Corp. UMC said in a filing dated Dec. 15 that it would also invest $8 million in a Mainland China venture called United LED Corp. A spokesperson for UMC Wednesday confirmed that the firm is joint venture between UMC and Epistar. United LED is based in the province of Shandong, in the eastern coastal area of China, according to the filings. Taiwan-based IT news reported that Epistar and UMC will each have a 50 percent stake in United LED.

UMC said in a regulatory filing of its own that it would invest $1 million in a company called U-Lighting Opto Electronic Inc. —also based in Shandong— through a firm called United Lighting Opto-Electronics Investment Ltd. It was not immediately clear whether this investment is related to United LED. UMC described the main business of United LED as LED chip design, manufacture and sales.

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.

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE