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Everlight, LG Display, AmTRAN form China LED JV

Posted: 10 Jun 2010 ?? ?Print Version ?Bookmark and Share

Keywords:China JV? LED? LED packaging?

Everlight Electronics, LG Display and AmTRAN Technology have formed a joint venture company for LED packaging company in WeJiang City, JiangSu Province, China.

The three companies aim at pooling together their respective strengths to benefit from each others' advantagesEverlight's extensive and long-term LED packaging know-how and management expertise within the LED industry; LG Display's expertise as a world leading manufacturer of LCD display technology and products; and, AmTRAN's R&D and manufacturing experience in flat-panel TVand share resources to rapidly provide state-of-the-art LED for the expanding LED-backlit TV market.

The new company is planned to start operations and mass production in the year's end with a capitalization of $ 30 million. Everlight is widely recognized as the technology leader in LED packaging. The joint venture confirms Everlight's importance to the fast growing LED backlight market.

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