Taigu will be on the market

Since Epistar holds about 20% of Taigu's equity, and Epistar lacks production capacity, it has not placed an OEM order with Taigu and has instead turned to Cancan's round packaging production capacity. In this regard, Taigu said that since the current production capacity is fully full, it is difficult to cope with the foundry orders. Currently, orders are mainly shipped to two major customers, including Everlight and Seoul Semiconductor. These major customers account for 70% of revenue. In addition to existing customers, Taigu has been actively cultivating mainland packaging plants this year. The company said that the mainland's LED packaging industry is obviously rising rapidly. This year, it will sell heavily to mainland customers, enter the Chinese market, and diversify customer concentration risks. Regarding the possibility of cooperation with Jingdian beyond its equity interests, Taigu said that the companies will exchange their needs, such as the previously idle blue and green MOCVD machines sold to Jingdian.