[High-tech LED reporter Wang Lirong translation] Bridgelux and Toshiba Corporation announced today that Puri will bring its industry-leading GaN-On-Silicon technology and related assets. Sold to Toshiba. The two sides reached an agreement on this and will further strengthen and deepen strategic and technical cooperation.
Based on the joint development of GaN-On-Silicon technology and Toshiba's production agreement to ensure the supply of Bridgelux GaN-on-Silicon LED chips, we will expand the cooperation of next-generation LED chips and packages, or platforms. This strengthened strategic relationship will bring a new business opportunity to both parties.
The transaction includes GaN-on-Silicon assets, and Bridgelux personnel will remain at the Bridgelux Livermore headquarters after the transaction to ensure continued technical and commercial cooperation.
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