Us SETi acquisition Nitek UV LED business

According to foreign media reports, the United States South Carolina 230-355nm of Columbia province at DUV (DUV) LED devices and sensor module manufacturers Electronic Technology Co. Ltd. (SETi) recently acquired with the province of UV LED developer and manufacturer of Nitek company business department. It is reported that the two complementary companies after the merger of the company will become the world's most cost-effective and largest UV LED developers and manufacturers.

Nitek company was founded in 2004. It is a cost-effective and high capacity in the development of the process of UV LED manufacturing technology, is complementary with SETi technology, which helps to achieve the highest performance of the industry's lowest cost production LED.

"The acquisition will increase the production capacity of SETi DUV epitaxial wafer, but also brings a more cost-effective technology. SETi president and CEO Emmanuel Lakios said. The end result is that it can shorten the time spent on water and disinfection and other sensitive markets. He added.

As part of the transaction, SETi will be the exclusive distributor of Viosys UV LED in North America in Seoul, South Korea, to provide customers with a full spectrum range of UVA to UVC UV LED. In August this year, UV LED Seoul Viosys has acquired a majority stake in SETi (more than 50%). Seoul Viosys then decided to expand by the end of 2016 SETi 3 times UV LED production capacity, the current annual production capacity of more than SETi of the 100 million.

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