Walton and FATC 1Q12 sales up, PTI down

Apr 10, 11:37

Memory IC packaging and testing firms have reported mixed results for the first quarter of 2012. Walton Advanced Engineering and Formosa Advanced Technologies (FATC) both saw their...

Genesis Photonics, Formosa Epitaxy report heavy losses for 4Q11

Mar 30, 16:42

LED chipmakers Genesis Photonics and Formosa Epitaxy both have reported losses for the fourth quarter of 2011, resulting in a nearly 50% on-year decline in profits for Genesis in...

Formosa Epitaxy to expand MOCVD capacity in 2012

Mar 27, 01:25

Taiwan-based LED chip maker Formosa Epitaxy, in view of increasing demand for LED chips used in backlight units of LCD TV panels and lighting products, will expand its production...

Epileds, Formosa Epitaxy report falling November revenues

Dec 13, 01:35

The LED industry continues to feel low demand in fourth-quarter 2011. Despite there being some urgent orders for backlight products, the price drops and high inventory will likely...

Nanya fundraiser backed by parent company

Stockwatch - Nov 18, 01:10

Nanya Technology has announced that four affiliates of parent company Formosa Plastic Group will subscribe to its new shares through a private placement, according to a company filing...

Increase drive current can rapidly lower LED costs, says FOREPI chairman

Jul 12, 14:46

Cost-down has become the focus of competition in the LED industry. According to Frank Chien, chairman of Formosa Epitaxy (FOREPI), the IT industry has been focusing on increasing...

Fire breaks out at Formosa Epitaxy plant

Jun 29, 16:05

A fire broke out at an LED chip plant operated by Formosa Epitaxy in Taiwan on June 28. According to Formosa Epitaxy, the fire was put out quickly and no injuries were reported.

Formosa Sumco to hike 3Q11 wafer quotes by 10-20%

Jun 28, 10:43

Formosa Sumco Technology (FST), a major producer of 8- and 12-inch silicon wafers in Taiwan, has unveiled plans to raise quotes for the third quarter of 2011 by 10-20%. FST noted...

Formosa Epitaxy to gain more distribution channels in China

Jun 22, 10:37

Taiwan-based LED chipmaker Formosa Epitaxy (FOREPI) has announced the signing of a strategic agent distribution agreement with World Peace Industrial Group to facilitate its LED lighting...

Formosa Epitaxy to sign with China LED lighting sales agent

Jun 20, 10:56

Formosa Epitaxy, a Taiwan-based maker of LED epitaxial wafers and chips, will soon sign with a China-based sales agent and retail chain of LED lighting products through arrangement...

Formosa Epitaxy expects 20% sequential growth in 3Q11 revenues

Jun 17, 10:30

LED chip maker Formosa Epitaxy expects demand for LED backlight and lighting to increase in the third quarter and therefore its corresponding revenues to grow by 20% on quarter, according...

Formosa Epitaxy not optimistic about 2Q11 demand for LED TV BLUs, says chairman

Apr 20, 11:15

LED epitaxial wafer and chip maker Formosa Epitaxy does not expect demand for LED TV backlight units (BLUs) to rebound until the end of this quarter or early next quarter although...

Formosa Sumco gearing up for capacity expansion

Apr 15, 01:25

Formosa Sumco Technology (FST) has revealed plans to expand its capacity for 12-inch silicon wafers to 300,000 units a month from the present 180,000. New capacity is scheduled to...

Formosa posts net lost of NT$1 million for 4Q10

Mar 29, 01:45

LED chipmaker Formosa Epitaxy has announced revenues of NT$1.1 billion (US$37.33 million) for the fourth quarter of 2010, an decrease of 23% sequentially. Net loss for the quarter...

Formosa Epitaxy expects Mitsui partnership to contribute to revenues in 2Q11

Mar 21, 15:39

After LED chipmaker Formosa Epitaxy brought in strategic investor Japan-based Mitsui in 2010, the Taiwan-based company has moved from upstream chip production to LED lighting assembly,...

Nanya says no supply fears

Mar 18, 01:10

There is growing concern that upstream materials and wafer supplies could be limited in the aftermath of the earthquake in Japan. Nanya Technology, however, does not anticipate any...

Formosa Epitaxy sees flat revenues in February

Mar 10, 01:50

LED epitaxial wafer maker Formosa Epitaxy saw its revenues stay flat at NT$350 million (US$12.05 million) in February compared to the previous month but up 64.65% from a year earlier...

Taiwan-based Formosa Epitaxy to delay MOCVD establishment in 2H11 if China ends subsidies

Feb 22, 01:20

Formosa Epitaxy, a Taiwan-based maker of LED epitaxial wafers and chips, plans to install 11 sets of MOCVD sets at its subsidiary in Yangzhou City, eastern China, in the first half...

Everlight January revenues down, Formosa and Genesis up

Feb 11, 01:55

LED packaging company Everlight Electronics saw January 2011 revenues drop almost 10% sequentially, while LED chipmakers Formosa Epitaxy and Genesis Photonics saw their January revenues...

FATC December revenues up 12% sequentially

Jan 4, 01:00

Memory packaging and testing company Formosa Advanced Technologies (FATC) has posted NT$1.19 billion (US$40.9 million) in December revenues, up 11.94% on month and 26.7% on year and...

Formosa attracts Mitsui to become its largest shareholder through private placement

Dec 28, 02:05

Taiwan-based LED chipmaker Formosa Epitaxy has announced that Japan-based Mitsui & Co will become its largest shareholder with a 15% stake through private placement.

Formosa Petrochemical loans NT$5 billion and NT$8.5 billion to Nanya and Inotera

Dec 22, 01:50

Formosa Petrochemical will provide one-year loans of NT$5 billion (US$167.34 million) and NT$8.5 billion, respectively to memory affiliates Nanya Technology and Inotera.

LED chip demand for TV backlight to return to 1H10 level in Feb 2011, says Formosa Epitaxy

Dec 20, 15:30

Taiwan-based LED chipmaker Formosa Epitaxy expects LED chip demand to return to the levels of the first half of 2010 in February and March of 2011, and volume shipments for applications...

Taiwan LED companies raise year-end bonuses for 2010

Dec 17, 15:37

Despite slowing demand from the TV backlight segment, most Taiwan-based LED companies will turn in significant growth in both revenues and profits in 2010, and employee bonuses for...

Bluestone files patent infringement lawsuit against Taiwan and Japan LED players

Dec 15, 11:34

Patent licensing company Bluestone Innovations has filed a patent infringement lawsuit against Taiwan-based LED chip maker Huga Optotech, according to Huga. Industry sources indicated...

Epistar November revenues down 2.8%

Dec 8, 12:20

Though LED chip packaging houses mostly saw revenues bounce back in October and November, chip makers still registered weak sales for November with modest decline to flat growth.

LED companies Formosa Epitaxy and Unity Opto increase shipments proportion to China

Nov 30, 11:33

With South Korea TV vendors raising their own LED capacity, orders to Taiwan-based suppliers are expected to see flat growth to merely a slight hike, and hence, LED chip maker Formosa...

LED demand for TV backlighting to take off in March 2011

Nov 17, 02:00

With vendors completing inventory adjustments, LED orders for LCD TV backlighting started to pick up in November 2010 and will increase significantly in March 2011, helping to boost...

Parent company and affiliates support Nanya fund raiser

Nov 17, 01:35

With DRAM spot and contract prices both down, memory maker Nanya Technology saw its stock price fall to NT$15.30 (US$0.506) on November 16, below the NT$16.50 new share offering price...

Wafer Works announces investment in Formosa Epitaxy

Nov 16, 01:15

Wafer Works on November 15, 2019 announced a US$600,000 investment for a 1% equity interest in Formosa Epitaxy's new subsidiary in Jiangsu, China. Although the acquisition is merely...

Formosa October revenues up, Tekcore down

Nov 10, 02:10

LCD chipmaker Formosa Epitaxy saw its October 2010 revenues increase slightly by 0.04% sequentially, while fellow chipmaker Tekcore reported a 13.76% sequential drop.

Epistar, Formosa report sequential growth in 3Q10 net profits

Oct 29, 01:50

LCD chipmakers Epistar and Formosa Epitaxy saw net profits increase sequentially to NT$1.9 billion (US$61.94 million) and NT$446 million, respectively, for the third quarter of 201...

Formosa Epitaxy sees September revenues down 20% sequentially

Oct 8, 15:38

Taiwan-based LED chipmaker Formosa Epitaxy has posted revenues of NT$401 million (US$13 million) for September, decreasing 20% sequentially but increasing 65.7% on year.

LED chipmakers expect September revenues to fall further

Oct 4, 12:07

LED chipmakers including Epistar, Formosa Epitaxy and Tekcore expect revenues in September to continue to drop amid dropping demand for TV backlighting, and gross margins for the...

Unity Opto, Formosa Epitaxy lower 2010 forecast for global LED TV penetration

Sep 8, 16:17

Taiwan-based LED chip packager Unity Opto Technology and LED chipmaker Formosa Epitaxy have downward adjusted their projected proportions of global LCD TV shipment volumes for LED-backlit...