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2013-08-30

Taiwan's MOEA Approves San'an Investment in Formosa Epitaxy

The Investment Commission approved for Chinese LED epitaxy manufacturer San'an Optoelectronic Co. to invest in Taiwan LED chip supplier Formosa Epitaxy Inc. (ForEpi). Cooperation between the two companies marks a new milestone and will intensify LED industry cross strait co-opetition.
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2013-07-22

FOREPI and San’an Optoelectronics Joint Venture Halted, no Approval from Taiwan’s Investment Commission yet

Without Taiwan’s Investment Commission approval, Taiwanese LED manufacturer FOREPI’s and Chinese manufacturer San’an Optoelectronics’ (San’an) ownership stake acquisition deal was thwarted. FOREPI’s board of directors approved San’an as a shareholder in private investment in late June, and recently planned to start a new LED company through a joint venture with TCL and Refond. The two approaches show FOREPI’s ambition and strategy in the Chinese LED market.
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