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NEWS TAGGED FORMOSA PLASTICS
Tuesday 27 March 2012
Formosa Epitaxy to expand MOCVD capacity in 2012
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...
Tuesday 13 December 2011
Epileds, Formosa Epitaxy report falling November revenues
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...
Friday 18 November 2011
Nanya fundraiser backed by parent company
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...
Thursday 29 September 2011
Nanya plans fundraiser
Nanya Technology's board of directors has approved plans to issue up to 15 billion new shares through a private placement. Proceeds will be used to strengthen its capital structure...
Tuesday 12 July 2011
Increase drive current can rapidly lower LED costs, says FOREPI chairman
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...
Wednesday 29 June 2011
Fire breaks out at Formosa Epitaxy plant
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.
Tuesday 28 June 2011
Formosa Sumco to hike 3Q11 wafer quotes by 10-20%
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...
Wednesday 22 June 2011
Formosa Epitaxy to gain more distribution channels in China
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...
Monday 20 June 2011
Formosa Epitaxy to sign with China LED lighting sales agent
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...
Friday 17 June 2011
Formosa Epitaxy expects 20% sequential growth in 3Q11 revenues
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...
Wednesday 20 April 2011
Formosa Epitaxy not optimistic about 2Q11 demand for LED TV BLUs, says chairman
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...
Friday 15 April 2011
Formosa Sumco gearing up for capacity expansion
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...
Tuesday 29 March 2011
Formosa posts net lost of NT$1 million for 4Q10
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...
Monday 21 March 2011
Formosa Epitaxy expects Mitsui partnership to contribute to revenues in 2Q11
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,...
Friday 18 March 2011
Nanya says no supply fears
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...