Lextar is excited about the expected result of the merger

Kuo‘s discovery has larger implications than just lighting. These LEDs could potentially be integrated into a computer processor; dramatically increasing the speed by transporting signals optically rather than by electrons through copper lines.  They could have use in various industries, entertainment, medical, commercial, and military areas due to the compact size and low cost.

Lextar is excited about the expected result of the merger. In the past, the Company’s backlighting products were mostly for monitor and TV applications but instead will also be used in notebook and smartphone applications. Additionally, aside from developing mostly on solid-state lighting products such as lamps and board lights, Lextar’s new merger will give the Company a line of products that also include T5 tube and CCFL lighting applications along with LED bulbs and fixtures.

Also resulting from the merger is an expanded customer portfolio, which gives Lextar OEM businesses in the US and Japan. Lextar will also be continuing to expand its reach in addition to supplying its own Industrial Design team to provide more value-added service. On the supply chain side, Lextar is enlarging its economies of scale, increasing the Company’s access to materials and resources while at the same time improving cost competition.

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