The market came LED epitaxial crystal power plant with Taiwan, UMC Lite teamed layout Chinese LED Market

The day before the market came news, LED tired crystal crystal power plant, will take the initiative and packaging factory joint development with customers, respectively, to UMC Lite on the layout of the mainland LED market, the joint venture total amount will reach $120 million (about NT 3 billion 840 million yuan).

It is understood that the shareholders include a lite, and, all power plants, the three parties will set up a joint venture company, capital is tentatively scheduled for $120 million. This cooperation case with crystal electric led, holding more than 50%, the amount of investment of about $70 million to crystal electric at $60 million (about NT $2 billion 240 million yuan), LED Lei chip, future crystal electric chips will be handed over to the Lite package, shipped to the factory, the LED backlight LCD tv.

In addition, also reported crystal electric will cooperate with UMC, established crown Quan LED plant in Shandong, a joint venture amounting to about $16 million (about NT 510 million yuan).