Hsinchu, Taiwan -Sept. 21, 2010 –Toyoda Gosei Co., Ltd., Epistar Corporation, a leading manufacturer of LED chips, and Twin Hill Co., Ltd., a sales agent for Toyoda Gosei have formally agreed to establish a joint venture in Taiwan to develop, manufacture, and market light emitting diodes (LEDs). This joint venture agreement combines Toyoda Gosei’s leading-edge LED technology with Epistar’s low-cost manufacturing capabilities to expand the partners’ LED sales in the growing market of illumination applications.

Since 2006, Toyoda Gosei has worked with Epistar and outsourced the production of some of its LED products to Epistar. Through this joint venture, Epistar and Toyoda Gosei will tap into each other’s strengths to supply energy-saving, low-cost LED products, in order to contribute to worldwide environmental protection.