Top two U.S. chemical companies Dow Chemical and DuPont signed an agreement in an all-stock merger of equals to merge into an enterprise worth US $13 billion, reported Guangdong LED. This is one of the largest international business and industry merger. After the merge, the new company will trail behind German BASF to become the world’s second largest industrial company, while becoming the largest global chemical company.

The word was out last Friday that Osram is in the process of selling its lamp business, which comprises traditional lighting businesses and LED luminaires, with Chinese manufacturers showing the greatest interest in bidding for the German company’s prized luminaire businesses.

Representatives from Everlight and Edison Opto have recently rebutted an earlier Digitimes report claiming the two companies were in acquisition talks.

Listed Taiwanese LED manufacturer FOREPI and Epistar completed official integration on Dec. 30, 2014, according to an UDN report. FOREPI has become a subsidiary under Epistar, and after an interim shareholder meeting in September, FOREPI will complete integration during 1Q15. After being absorbed by Epistar, FOREPI is expected to profit in 2015.

Taiwan’s Fair Trade Commission recently approved Epistar and FOREPI’s merger.

Major LED EPI-wafer and chip manufacturer Epistar’s revenue was up 30 percent to NT $ 8.13 billion (US $270 million) during second quarter of 2014. Growing backlight and lighting demands have benefited the company, but financial results for first half of 2014 might still be negative, due to huge losses incurred during first quarter, according to a Money DJ report. Third quarter 2014 financial results will be cushioned by the arrival of the peak season, and is estimated to assist the company in maintaining high profits throughout the season. 

Top Taiwanese LED chip manufacturers Epistar and FOREPI have officially merged, the two companies announced at a joint press conference held in Taipei, Taiwan on June 30, 2014. The two companies announced the merger will integrate the two companies resources, production capacity, and staff to meet market demands and improve revenue performances.