Crystal electricity 160 million yuan acquisition of TSMC solid lighting 94% stake

LED chip maker EPISTAR announced that 9 will be in cash 825 million yuan NT (equivalent to approximately RMB 160 million yuan) price to TSMC TSMC and its subsidiaries held by the light to buy Taiwan semiconductor solid-state lighting all the shares, after the completion of the transaction will hold a solid crystal electric lighting product of a 94% stake in the company. TSMC said product can completely withdraw from the transaction background of Taiwan semiconductor solid-state lighting, the existing team working will be integrated by solid-state lighting and electric crystal is dominated by taiwan.

At the end of 2014 the successful acquisition of crystal electric canyuan photoelectric became the 100% subsidiary, capacity and personnel needed to achieve rapid growth over the next few years. Because of the demand will grow substantially in favor of LED from 2014 to 2017 years of lighting, in recent years the permeability quickly pulled after the completion of the acquisition last time less than a month later, then decided to continue to invest in crystal electric Taiwan semiconductor solid-state lighting company.

For this cooperation, said Li Bingjie, chairman of crystal, all of the competitiveness of the crystal and the development of LED industry with the interests of shareholders and shareholders, we have an open and positive attitude. Taiwan semiconductor solid-state lighting production capacity, although far less than the crystal electric product, but the company in cooperation with Taiwan, can introduce different thinking across the industry, talent and different systems can inspire new ideas, and reinforcing the synergy of crystal electric future operating. Taiwan solid state lighting company to join the crystal after the electricity, will get a more diverse talent and wafer foundry management system, prompting crystal electric accelerate innovation.

TrendForce's green energy division LEDinside Research Assistant Manager Wu Yingjie pointed out that this collaboration, showing crystal electric trip LED business model, from TSMC management ability, learning semiconductor manufacturing management.

At present, the use of a small amount of crystal six inch wafer production, after the merger is expected to quickly improve the size of the wafer production curve of learning, the future of wafer level packaging technology forward. At the same time, due to the production capacity of the target driven by the crystal, crystal power need to find the nearest production base production, considering the advantages of Taiwan solid state lighting and plant equipment to improve the situation, but also will provide the most stable substrate crystal. LEDinside expects two party technology resources, customer resources, through cross-border cooperation, look forward to more sparks and potential.

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