# 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%.

- Type: Investment
- Announced: 2020-03-07
- Where: China
- Value: $43.0M (300.0M CNY)
- Status: announced
- Products: microLED materials, microLED production equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [China Star Optoelectronics Technology](https://endata.com/companies/21002.md) (investor)
- [Xiamen Sanan Integrated Circuit](https://endata.com/companies/45789.md) (investor)

## Sources

- [microled-info.com](https://www.microled-info.com/csot-and-sanan-ic-jointly-develop-microled-materials-and-technologies-43-million), 2020-03-07: "The two companies will invest a total of 300 million Yuan (around $43 million USD) in the new venture, with CSoT holding 55%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.