Taiwanese LED Manufacturer GPI Transitions into CSP LEDs for Automotive Lighting

Last Friday, LED epiwafer manufacturer Genesis Photonics Inc. (GPI) outlined its future roadmap at a press conference, stating it was redirecting its focus to CSP LEDs for automotive lighting, reported Money DJ.com.

The company told reporters its CSP LED products successfully entered Taiwan and U.S. markets. Additionally, the company is accelerating its Chinese automotive luminaire certification process, with the aim of entering China’s supply chain by first half of 2017, and estimates it will profit from this strategic transition.

The Taiwanese LED epiwafer manufacturer entered high end automotive headlights and other lighting markets. CSP LEDs capacity to be driven under high voltage, and deliver high brightness performances makes it an ideal product for consumer electronic applications. The company is still developing CSP LEDs for smartphone flash light applications, which is expected to contribute to its revenues for first quarter of 2016.

Based on GPI’s business transition plans, traditional blue LED revenue share will be slashed from 80% in late 2015 to merely 30% by early 2017. The company announced its intention of selling its LED manufacturing facility in Kunsan, China to further lower its traditional blue LED production, and is searching for a potential buyer.

To strengthen its future product portfolio and gross margin performance, GPI officially exited the low end LED lighting market in October 2016.

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