On the evening of June 4, Sanan Optoelectronics announced that Lightera Corporation, a wholly-owned subsidiary of the company, acquired 100% equity of Luminus Devices, Inc. (US Lumen) with US$22 million in its own currency. According to the current exchange rate, the investment amount exceeded 100 million. yuan.
Sanan Optoelectronics said that this investment will not only help to further enhance the company's LED epitaxy and chip core technology and channels, but also help to further increase the company's overall industrial layout.
According to the announcement, U.S. Lumen is registered in Delaware, USA, and indirectly holds 100% of Taiwan’s Langming Nas Optoelectronics Co., Ltd. through a subsidiary. The company's main business is the development and production of lighting equipment for high brightness requirements, with 93 patents worldwide. These patents cover the design, manufacturing solutions, packaging, systems and applications of LED products. The main products include: white LED, color LED, four-color LED and UV LED.
It is reported that the current major customers of the United States lumens include LG (South Korea LG), Acer (Taiwan Acer), Zumtobel (Austria Austria), EYE Lighting (US EYE Lighting), Philips (Netherlands Philips), Martin (Denmark Martin) and Vialux (Germany Welles) and other international applications.
As of December 31, 2012, US illuminating assets totaled US$119.99 million and liabilities totaled US$17.79 million. In 2012, operating income was US$17.187 million and net profit was US$3,196,900.
Sanan Optoelectronics said that this investment will not only help to further enhance the company's LED epitaxy and chip core technology and channels, but also help to further increase the company's overall industrial layout.
According to the announcement, U.S. Lumen is registered in Delaware, USA, and indirectly holds 100% of Taiwan’s Langming Nas Optoelectronics Co., Ltd. through a subsidiary. The company's main business is the development and production of lighting equipment for high brightness requirements, with 93 patents worldwide. These patents cover the design, manufacturing solutions, packaging, systems and applications of LED products. The main products include: white LED, color LED, four-color LED and UV LED.
It is reported that the current major customers of the United States lumens include LG (South Korea LG), Acer (Taiwan Acer), Zumtobel (Austria Austria), EYE Lighting (US EYE Lighting), Philips (Netherlands Philips), Martin (Denmark Martin) and Vialux (Germany Welles) and other international applications.
As of December 31, 2012, US illuminating assets totaled US$119.99 million and liabilities totaled US$17.79 million. In 2012, operating income was US$17.187 million and net profit was US$3,196,900.
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