Wistron Invests in the Private Placement Issued by Unity Opto

Unity Opto, a Taiwan-based LED packaging company, has announced the issuance of up to 120 million shares for private placement as approved by its shareholders to introduce strategic partners. The Taiwanese OEM Wistron, reported its investment in Unity Opto through its subsidiary, ArFlex.

ArFlex has spent NT$ 50 million (US$ 1.63 million) to acquire 5.263 million shares, which accounts for a 1.26% stake in Unity Opto and 12.19% of the private placement. According to Wistron, the purpose of the investment is to strategically intensify the collaboration with Unity Opto and to enhance operation in LED backlighting of displays based on the relationship built between the two companies.

Unity Opto said that the aim of the private placement is to introduce strategic partners for the company to deploy various resources when developing novel products or further transformation in the future.

I-Chiun, an LED light frames producer, also took part in the private placement with an investment of NT$ 30 million (US$ 979,380).

(Image: Unity Opto)

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.

The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE

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