CSOT and Sanan-IC form joint venture for microLED development with $43M investment

China Star Optoelectronics Technology (CSOT) and Xiamen Sanan Integrated Circuit (Sanan-IC) announced a joint venture to develop microLED materials, production processes, and equipment. The total investment is 300 million yuan (about $43 million), with CSOT holding 55%.

“The two companies will invest a total of 300 million Yuan (around $43 million USD) in the new venture, with CSoT holding 55%.”microled-info.com

• 1 source
• microled-info.comCSoT and Sanan-IC to jointly-develop microLED materials and technologies in a $43 million investment | MicroLED-InfoMar 7, 2020

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