It’s reported that Taiwan LED wafer and chip manufacturer Formosa Epitaxy plans to establish a big-sized semiconductor lighting plant in Rushan, Shandong, east China.
Chien Fen-ren, chairman of Formosa Epitaxy, disclosed that the Taiwan company is projected to invest USD 150 million in the coming firm, which will be mainly engaged in the R&D, manufacture, and sales of LED epitaxial wafers, chips, and related innovative electrics products. By now, the coming firm has been registered.
The new firm will be located in the Rushan Taiwan Industrial Complex, a 7.5-square kilometer investment arena for Taiwan-invested projects. Formosa Epitaxy will set up an R&D center for new light sources in the industrial complex, as well as an R&D center and a testing center for semiconductor lighting and related semiconductor products, in order to push the coming firm into the leading position among all the semiconductor firms in Shandong within the coming three years.