Taiwan - Formosa Petrochemical Corporation (FPCC; www.fpcc.com) partners with UV LED manufacturer Nikkiso (www.nikkiso.com) to expand applications in medical devices.
They are said to invest in the world’s first UVC LED fab for mass production. FPCC holds a 49% stake with the remainder going to Nikkiso. The joint venture will construct the UV-LED manufacturing line.
Constructed, the joint venture will mainly go to the UVC LED production for sanitization, residential sanitization and other medical devices. Production is due in 2018.