Business News | Nov 16, 2006

No need to cut blue LED chip prices after Epistar-Epitech merger

After Taiwan-based LED makers Epistar and Epitech merge, Epitech will no longer need to slash prices of its blue LED chips to compete against Epistar, according to executives from both companies as quoted by the Chinese-language Economic Daily News (EDN).

Epitech stopped slashing its LED chip prices recently and Epistar expects its procurement costs will drop by NT$20 million in the fourth quarter and plans to hold a shareholders meeting on November 21 to discuss merger issues, the paper said. Highlink Technology, another company to be merged with Epistar and Epitech, has quoted its LED chips at the same level as that of Epistar and Epitech, the paper added.

Epitech and Highlink will officially merge with Epistar on March 1, 2007, according to an announcement by the company on September 28 of this year.

Add comment

You can add a comment by filling out the form below. Plain text formatting. Comments are moderated.

Question: What is 1 + 6 ?
Your answer:
EDITORIAL

EuControls Introduces Its Zigbee Compatible Ceiling Mount Multi-Sensor 810-PLT-DZB

EuControls Introduces Its Zigbee Compatible Ceiling Mount Multi-Sensor 810-PLT-DZB EuControls is excited to announce the addition of a compact ceiling mount multi-sensor/controller to its growing wireless lighting controls product portfolio. The S810-PLT-DZB is a unique Zigbee compatible energy management device aimed at new and retrofit indoor lighting projects that require ... Read more »

EDITORIAL

Selecting the UV LED Wavelength for Purification Applications

Selecting the UV LED Wavelength for Purification Applications Patrick Durand is the Worldwide Technical Director at Future Lighting Solutions (FLS) with over 15 years of experience in the solid state lighting industry. Patrick leads the FLS Technical Marketing teams and FLS laboratory teams located in multiple regions around the world with the objective of ... Read more »

EDITORIAL

Nichia Showcases LEDs with 'Light so Good'

Nichia Showcases LEDs with 'Light so Good' At Light + Building 2020 held in Frankfurt, Nichia – the leader in high-performance LED solutions – reveals it will present at least three complementary technologies to improve the delivery of light quality under an over-arching banner of 'Light so Good'. Read more »