TSMC convened the board of directors on the 10th and passed the $46 million LED business investment case, which triggered the industry's association. TSMC wanted to complete the green energy layout through mergers and acquisitions or construction of the LED, causing close attention of LED manufacturers such as Jingdian.
TSMC Chairman Zhang Zhongmou has previously issued a notice to the industry. Today, the board of directors passed the $46 million LED investment plan. Previously, the industry has passed. TSMC and the company intend to discuss the acquisition with LUMILED, the world's largest manufacturer of high-brightness blue LEDs, but TSMC does not give Comment.
TSMC established New Business Development Organization (NBDO) in early March this year. The former chief executive, Cai Lixing, led the cut into the green energy industry such as solar energy and LED. It is expected to reach US$2 billion in 2018 (over NT$60 billion). The output value, TSMC in the second quarter of August, the board of directors has announced the initial investment of 50 million US dollars in the field of solar energy.
The LED industry pointed out that TSMC hopes to vertically integrate from epitaxial chips to packages in the LED market, while LED's main high-end patents are in the hands of Nissho Toyota Synthetic (TG), Nichia Chemical, American Cree and American Lumileds. If there is a cross-licensing, if TSMC can cooperate with one of them, it will have a patent umbrella, and it will be fully prepared for the future lighting market. (Editor: Happy)
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