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IQE

6 December 2018

China’s Hongli Zhuihui and European distributor Selectronic collaborating with Epistar

Packaged LED manufacturer Hongli Zhihui Group Co Ltd (HongliTronic) of Guangzhou, China and its European distribution partner Selectronic Ltd of Witney, UK (which designs and provides optoelectronic products, focused on displays) have formed a collaboration with Taiwan-based LED epitaxial wafer and chip maker Epistar Corp to boost product development and hence strengthen their position in the automotive LED sector.

“Partnering with the Taiwanese company Epistar forms a strategic alliance aimed at harnessing resources from both sides to develop automotive lighting products,” says Selectronic’s managing director Kevin Dry.

Hongli’s automotive interior and exterior LED lighting applications already provide products including head lamps, daytime running lights (DRLs), fog lamps, turn signals, brake lamps, work lamps, dashboard backlights, and reading lamps.

The strategic collaboration agreement runs through to October 2021, during which Hongli will buy patented automotive LED chips from Epistar worth RMB500m (US$75.37m) in order to produce packages exclusive to automotive lighting. As well as developing automotive lighting products, the collaboration also aims to cut verification time.

“This coalition will also protect Hongli products from potential patent infringements and provides Epistar chips of substantial quality, enabling us to bring down prices and speed up expansion of the two companies into this sector,” concludes Dry.

Tags:  Epistar LEDs

Visit:  www.selectronic.co.uk

Visit:  http://en.honglitronic.com

Visit:  www.epistar.com.tw

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