Ad
Ad
Ad
Ad
Electronics Production | February 08, 2007

Foxconn makes another LED investment

Foxconn is reportedly strengthening its foothold in the LED sector by acquiring more shares in LED developing companies.
Foxconn affiliated Foxseminon Integrated Technology (FITI) will acquire 300 million shares from LED chipmaker High Power Opto (HPO) and 120 million shares from LED maker Advanced Optoelectronics Technology (AOT).

Foxconn subsidiary Innolux Display is according to DigiTimes sources in close contacts with Unity Opto Technology, another LED maker and Foxconn Technology, affiliate to Foxconn, has been working with several LED makers in China.

AOT has denied that FITI has participating in its share increase plan but there is a confirmation about the share capital increase of 120 million new shares. DigiTimes informers have said that those shares are aimed for possession from Foxconn.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
September 15 2017 9:25 AM V8.7.1-2