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Kopin Forms Joint Venture for LED Operations

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Kopin Corp. has created a joint venture company to conduct LED operations in Asia. Besides the Taunton, Mass., company, the principal investors are WK Technology Fund, a venture capital firm, and KTC, a III-V semiconductor manufacturer, both in Taiwan, and an LED packaging manufacturer with facilities in Taiwan and mainland China.

Called Ko-Brite Corp., the new entity will combine Kopin's InGaN LED production expertise, cost-effective Taiwanese manufacturing and capital from strategic partners to establish capabilities for GaN material growth in Taiwan and LED die production in China. Kopin, which will contribute $3 million in funding and obtain an interest of about 20 percent in the company, intended to cease its own LED operation in March.

Photonics Spectra
Apr 2005
BusinessindustrialKopin Corp.LED operationslight speedsemiconductor manufacturer

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