Toyoda Gosei, Epistar, and Twin Hill Concludes Joint Venture Agreement to Develop, Manufacture, and Market LEDs in Taiwan

Toyoda Gosei Co., Ltd., Epistar Corporation, and Twin Hill Co., Ltd., a sales agent for Toyoda Gosei, have formally agreed to establish a joint venture in Taiwan to develop, manufacture, and market light emitting diodes (LEDs). This joint venture agreement combines Toyoda Gosei’s leading-edge LED technology with Epistar’s low-cost manufacturing capabilities to expand the partners’ LED sales in the growing market of illumination applications.

Since 2006, Toyoda Gosei has worked with Epistar and outsourced the production of some of its LED products to Epistar. Through this joint venture, Epistar and Toyoda Gosei will tap into each other’s strengths to supply energy-saving, low-cost LED products, in order to contribute to worldwide environmental protection.

Outline of the Joint Venture
1. Tentative Name: TE OPTO Corporation
2. To be established: November 1, 2010 (scheduled)
3. Address: 4F, No. 208, Ruiguang Road, Neihu District, Taipei 11491, Taiwan
4. Capitalization: 23 million Taiwan dollars (equivalent to about ¥60 million)
5. Ownership: Toyoda Gosei 51%
                        Epistar 40%
                        Twin Hill 9%
6. Directors: Seven: four from Toyoda Gosei, two from Epistar, and one from Twin Hill
7. Business: Developing, manufacturing, and marketing LED products
8. Short-term target: Annual sales equivalent to about ¥5 billion by the fiscal year to March 31, 2012

Left: B.J. Lee, Chairman of Epistar; Center: Hajime Wakayama, President of Toyoda Gosei; Right: Philip Cheng; President of Twin Hill

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.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE