－Acceleration of Growth of Optical Semiconductor Business by Boosting LED Business－
USHIO OPTO SEMICONDUCTORS, INC. announced that the company willconsolidate the business with USHIO EPITEX INC. effective July 1, 2016.
By integrating the LED business of USHIO EPITEX, INC. into the semiconductorlaser business of USHIO OPTO SEMICONDUCTORS, INC., USHIO Group will be able toincrease the efficiency of the optical semiconductor business and respond to anincreasingly diverse business environment swiftly and effectively to furtherimprove the services.
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USHIO OPTO SEMICONDUCTORS, INC.
The company (President and CEO: Uichiro Kobayashi) is a wholly-ownedsubsidiary of USHIO INC., established in July 2014, which has taken over theLED business and the red, blue, and infrared laser diode business from OclaroJapan, Inc.
The company(President and CEO: Hiroaki Banno), which was established in July 1989 andrenamed from EPITEX INC. to USHIO EPITEX INC. in June 2015, manufactures anddistributes custom LEDs and photo sensors.
USHIO INC. (TSE: 6925)
Established in 1964, USHIO manufactures anddistributes various types of light sources such as lamps, lasers, and LEDs in abroad range from ultraviolet to visible to infrared rays, as well as opticaland cinema-related equipment incorporating these light sources. USHIO alsomakes products in the electronics field such as semiconductors, flat panel displays,and electronic components, as well as products in the visual imaging field suchas digital projectors and lighting. Many of these products enjoy dominantmarket shares. In recent years, USHIO has expanded its business into the lifescience area, such as the medical and environmental fields.