LED chipmakers and packagers Tyntek and Opto Tech plan to increase production capacities for infrared (IR) LED sensing devices, according to a DigiTimes article, which cited industry sources. According to the article, Opto Tech has set aside NT$350-450 million (US$11.6-14.9 million) mainly for growing IR LED sensing device production capacity by 10%. The company expects to complete the expansion by the end of 2017.
Currently, Opto Tech gets 42.04% of its consolidated revenues from IR LED sensing devices, visible LED devices makeup 33.65%, and LED displays and other system products 23.91%.
Tyntek also intends to increase its production capacity for IR LED sensing devices and plans to set up a new factory primarily for that purpose. The firm expects to complete the new factory during the end of second-quarter 2018. And once production is equipment fully installed at the end of 2018, the new factory is expected to have monthly production capacity equivalent to 30,000 6-inch epitaxial wafers.