Epistar and Lextar formally merge, Ennostar Incorporation is established
In 2020 Taiwan's LED developers Epistar and Lextar announced plans to establish a joint holding company, effectively merging the two companies. Last week the company, called Ennostar Incorporation was formally launched.
Ennostar will focus on rapid development of mini-LED and micro-LED technologies and displays. The company has three main areas, divided between its daughter companies: Epistar will focus on LED epitaxy and chip, Lextar will focus on packaging and module, and Unikorn Semiconductor Corp. (under Epistar) will develop advanced compound semiconductor foundry.
Epistar and Lextar to merge, focus on miniLEDs and microLEDs for future growth
Epistar and Lextar announced plans to establish a joint holding company, effectively merging the two companies.
The plan is to delist both companies from Taiwan's stock exchange and list the new company by the end of October 2020. The two companies will continue to operate independently, but the holding company's main focus for its future revenue growth will be on mini LEDs and microLEDs products and technologies.
Epistar and Leyard Opto-Electronics to build a $142 million micro-LED and mini-LED production fab in China
Taiwan-based LED producer Epistar is in talks with China-based LED display maker Leyard Opto-Electronic to setup a Mini-LED and Micro-LED production site in Wuxi, China. The two companies (actually Leyard and Epistar's subsidiary Yenrich Technology) will setup a joint-venture with a budget of $142 million.
Leyard says that the plan is to form the joint venture six months after getting the final approval for the plan. This will enable the production to begin in the new fab in 2023. It is still not clear whether the new fab will produce mini and micro LED chips - or actual displays.
