Showa Denko and Toyoda Gosei JV being set up to focus efforts on GaN-based LED chips

Showa Denko just announced that it's spinning out its gallium nitride (GaN) LED chip business into a joint venture with Toyoda Gosei, to be called TS Opto in December 2012. Showa Denko will own 30% of the JV. TS Opto's focus is likely to be with the incumbent and rapidly commoditizing GaN-on-sapphir...

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