Epistar and Lextar announced plans to jointly establish a new holding company (Company A) via share conversion, approved by both boards on June 18, 2020, to act as a III-V semiconductor investment platform.
Epistar Corp plans to invest NT$5.4 billion (US$179.28 million) to set up automated mini-LED production lines at a plant in the Central Taiwan Science Park in Taichung and a clean room at a plant in the Southern Taiwan Science Park in Tainan. The investment is expected to create 150 jobs.
Epistar (via subsidiary Yenrich Technology) and Leyard Opto-Electronic plan to set up a joint venture to build a mini-LED and micro-LED production site in Wuxi, China, with a budget of $142 million. Production is expected to begin in 2023, pending final approval.
| Site | Largest | Latest |
|---|---|---|
| Taichung and Tainan, TWN | $179.3M | 2020-04-16 |