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Foxconn eyeing LED chipmaker for takeover

Foxconn eyeing LED chipmaker for takeover

Foxconn Electronics are potentially looking at several LED companies in the industry for an acquisition. Foxconn chairman Terry Guo spoke to Heaven Media yesterday and said that they expect LED Backlit LCD Tvs will be an integral part of their expansion and direction in the future however he never mentioned any possible takeover.

Industry experts believe the next step for Foxconn will be to acquire an LED chipmaker to strengthen their upcoming TV business. Potential targets may be Formosa Epitaxy, Epistar or LED packaging house Unity Opto. Epistar have a huge capacity for blue LED chips and may be the favourite option right now.

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Stuart Davidson

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