Formosa Epitaxy to raise capital for expanding LED capacity

Siu Han, Taipei; Willie Teng, DIGITIMES Asia 0

Formosa Epitaxy, a Taiwan-based maker of LED chips, plans to issue up to 150 million new shares to raise an additional capital of about NT$6.4 billion (US$162.6 million) to expand capacity, according to the company. The fund-raising can be via a public...

The article requires paid subscription. Subscribe Now