Taiwan-based ENNOSTAR are established by Epistar and Lextar for Mini LED and Micro LED development

Taiwan-based Epistar and Lextar announced that both are forming a new holding company in the name of ENNOSTAR via share conversion in order to strengthen Micro LED and Mini LED display technology and business.

The share conversion ratios of both companies are set at one share of Epistar for 0.5 ordinary share of ENNOSTAR, and one share of Lextar for 0.275 ordinary share. 

ENNOSTAR will make more investments on Mini LED and Micro LED display technology development besides intelligent sensing and III-V semiconductor microelectronics. It is estimated that Epistar and Lextar will occupy 12.43% of the global LED chip production capacity after the establishment of the new holding company.

Based on their resources and expertise of both companies, ENNOSTAR enables Epistar and Lextar to focus their strength in accelerating Micro LED and Mini LED technology applications. Besides, they can achieve new equipment investment for the innovative display technologies to lower the operational risk in the market later on.