News-Spot | Business News | May 02, 2012

SDK to Form JV with Toyoda Gosei for GaN LED Business

Showa Denko K.K. (SDK) has decided to split its business in gallium-nitride (GaN)-based blue LED chips, and transfer 70% of shares in the new company to Toyoda Gosei Co., Ltd. (Toyoda Gosei), by the end of this year.

SDK is producing and selling a wide variety of LED chips, including aluminum-gallium-indium-phosphide (AlGaInP), gallium-arsenide (GaAs), gallium-phosphide (GaP), and GaN.  The joint venture will be established in the area of GaN LED chips being produced at SDK’s plant in Chiba Prefecture.

SDK is already cooperating with Toyoda Gosei, a world leader for the development and marketing of GaN LEDs.  By establishing a joint venture with Toyoda Gosei for the GaN LED business, we will further strengthen our relations with Toyoda Gosei and expand overall supply capacity.  At the same time, we will aim to achieve synergistic effect in R&D, improving brightness and production efficiency.

In the LED business other than the GaN LED chips, SDK will continue its independent operations.

Profile of the new company:
Company name (tentative): TS Opto Co., Ltd.
Establishment: Scheduled for December 2012
Location: 5-1, Yawata Kaigan Dori, Ichihara City, Chiba Prefecture
Capital at the time of establishment: Approx. \490 million (planned)
Ownership: To be owned 70% by Toyoda Gosei; and 30% by SDK
Scope of business: Production and sale of GaN-based LED products

FEATURED

WHITE PAPER - LEDs Lead the Way for Horticultural Lighting

WHITE PAPER - LEDs Lead the Way for Horticultural Lighting Horticultural lighting is one of the fastest growing markets in the LED lighting industry today. Currently estimated at being worth $690 million dollars annually by LEDInside, this figure is projected to reach billions in the coming years. Read more »

FEATURED

LUXTECH Introduces FLEX Color, Architectural Grade RGB Tape

LUXTECH Introduces FLEX Color, Architectural Grade RGB Tape LUXTECH, a leading American manufacturer of architectural grade LED modules, introduces FLEX Color to their line of flexible LED strips. The RGB strip light is populated by high quality LEDs with tight binning to maintain color consistency. Read more »

FEATURED

Job Opportunity

Job Opportunity Synergy 21 has been a successful, well-known brand in the lighting industry for around 9 years. We satisfy our customers with top-notch planning, development, production, and distribution of high-quality lighting fixtures. We also offer an attractive working environment to over 200 employees at 6 ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel