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LED firms Lextar and Wellypower merge

After the merger of the two LED subsidiaries of AU Optronics (AUO), Lextar will have capital values at US $169 million), Lextar will have capital values at US $169 million
This unification hopefully means Lextar can achieve a more complete and vertically integrated business model and further expand its LED lighting and backlighting product lines and customer base.

These developments will take place under the wing of David Su, who will become Chairman and CEO with Allen Huang acting as president.

Lextar is excited about the expected result of the merger. In the past, the company’s backlighting products were mostly for monitor and TV applications but now will also be used in notebook and smartphone applications.

What's more, aside from developing mostly on solid-state lighting products such as lamps and board lights, Lextar’s new merger will give the company a line of products that also include T5 tube and CCFL lighting applications along with LED bulbs and fixtures.

Also resulting from the merger is an expanded customer portfolio, which gives Lextar OEM businesses in the US and Japan.

Chairman Su notes that Lextar and Wellypowers’ product lines, system platforms and personnel have already merged to form a competent team that will be even more well-versed in lighting operations and able to improve Lextar’s output value in the market.

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