On August 6, FitTech—an LED equipment provider—announced at its board of directors meeting that the company will spend no more than NT$50 million (US$1.8 million) on investing in K-Jet Laser Tek. The investment aims to strengthen FitTech’s technologies of Micro LED mass transfer and removal as well as precision laser processing for PCB substrates, which also helps the two companies to develop technology strategies for the Micro LED market, thereby facilitating the “cooperation within the same industry and interdisciplinary alliance” ...