Everlight Electronics, TPV and Epistar partner to address changing demands of the LED backlighting market

Jun 15th, 2010
Date Announced: 15 Jun 2010

Tucheng, Taipei – Everlight Electronics, a leading LED packaging house and LED technology provider, TPV Technology Limited (“TPV”), the world’s largest PC monitor manufacturer and LCD TV ODM company, and Epistar Corporation, the world’s largest LED chips provider, today announced the establishment of a new joint venture to develop and produce LED packages and LED light bars for the LED backlight market.

The three parties will share resources and combine their unique expertise – Everlight’s long-term LED technology know-how, TPV’s display related know-how as one of the world’s leading PC monitor and TV manufacturers and Epistar’s strong knowledge in LED chip design and manufacturing – to provide state-of-the-art LED components and products especially designed for LED backlighting in TFT LCD backlight applications.

The new company will be located in Fujian Province, China. The joint venture will make the three companies’ customer base even more robust and will make meaningful contributions and add much value to the Eco industry.

About Everlight Electronics Co. Ltd.
Everlight Electronics Co., Ltd. [TSE:2393] was founded in 1983 in Taipei, Taiwan. Playing a critical role in the formation of the global LED industry, the company has rapidly ascended to become a leading supplier due to its dedication to certification, R&D, production, quality, marketing and global customer service. Everlight provides a diverse product portfolio consisting of High Power LEDs, Lamps, SMD LEDs, LED Lighting Modules, Digital Displays, Optocouplers and Infrared Components for various applications. Today, Everlight is a global company with over 6,400 employees based in China, Hong Kong, Japan, Korea, Singapore, Malaysia, India, Germany, Sweden, U.S., and Canada.

About TPV Technology Limited:
TPV (SEHK: 0903; SGX: TPV) is a leading solutions provider specializing in the design and production of a wide spectrum of PC monitors and LCD TVs for distribution worldwide. TPV’s products add value to customers through cost leadership, timely delivery and superior quality. Currently, TPV is the world’s largest PC monitor manufacturer in terms of unit shipments. It is listed on both Hong Kong and Singapore stock exchanges. Please visit us at www.tpv-tech.com.

About Epistar Corporation:
Epistar Corporation, headquartered in the Hsinchu Science-based Industrial Park, Taiwan since September 1996, focuses on developing, manufacturing and marketing high brightness Light Emitting Diode (LED) products. Applying its own proprietary Metal Organic Vapor Phase Epitaxy (MOVPE) technology, Epistar has successfully commercialized the full spectrum range of high brightness LEDs with the characteristics of compact size, low power consumption and long operation lifetime. For further information, Please visit us at www.epistar.com.tw.

Contact
Beate Jungwirth Everlight Electronics T: +886 2 2267 2000 Ext: 5567

E-mail:pr@everlight.com

Web Site:www.everlight.com

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