News

10 March 2010

 

Testar wins investment to expand LED chip testing services

Chroma ATE Inc subsidiary Testar Electronics Corporation of Taipei, Taiwan has signed definitive agreements to become an independent entity and to receive an institutional investment from WI Harper Group.

Founded in 2007 as a subsidiary of Chroma, Testar specialises in the testing and optimization of LED chips and integrated circuits (ICs).

The firm says that the investment will allow it to expand its operations and further establish its leadership role in providing testing services for LED chip manufacturers across Asia.

“LEDs are now used in street lighting, consumer electronics such as backlit TVs, vehicles and numerous unique applications,” says Leo Huang, founder, CEO and chairman of Chroma and founder of Testar Electronics Corporation. “We recognized early on that LED chip manufacturers have limited testing capability and must comply with evolving standards. By outsourcing LED testing, customers benefit from increased efficiency and improved quality, ensuring that manufacturers can achieve competitive prices for their high-grade chips.”

“Testar is ideally positioned to take advantage of the vast business opportunity in LED testing services,” says Peter Liu, chairman of WI Harper Group. “The insatiable demand for LEDs is placing pressure on chip manufacturers to increase throughput and Testar plays a critical role in this strategic market.”

Founded in 1993, WI Harper Group is a venture capital firm that invests in early and expansion stage companies with significant operations in China. It has over 100 investments in the technology, clean technology and health care sectors, and manages over $500m in capital. Testar continues WI Harper’s LED investment program that includes LED chip maker SemiLEDs Corp. and LED emitter, light engine and fixture provider NeoPac Lighting Group.

Search: LED chip testing

Visit: www.testar.com.tw

Visit: www.chromaate.com

Visit: www.wiharper.com