Taiwan's Hejing Optoelectronics plans to acquire USK lighting in Sweden for US$78 million

[High-tech LED News] It is reported that Taiwan's Hejing Optoelectronics Technology Co., Ltd. will acquire the Asco Semiconductor Lighting Technology Company (USK Lighting) based in Gothenburg, Sweden for US$78 million.

Hejing Optoelectronics said that the transaction is expected to be completed before the end of the year. After obtaining approval from the relevant regulatory authorities, USK Semiconductor Lighting will become a wholly-owned subsidiary of Hejing Optoelectronics. He said that if all goes well, it will set up a factory in Zhuhai, Guangdong in 2012.

He Jing pointed out that USK semiconductor lighting has made a breakthrough in the development of high-power LED modules, and has a large number of core technologies of COB commercial lighting sources, which will speed up the integration into the LED commercial lighting market.

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