We are convinced that the system lives up to its reputation as regards throughput, uniformity and dependable production efficiency. We have been working closely with the local AIXTRON support team before and they have always been very responsive, thus we are looking forward to further good cooperation.
Changelight is fully committed to the development and large-scale production of III-V-based optoelectronic devices. We have acquired the most advanced equipment for this application which will be used by our highly skilled technical team strongly being supported now by new staff members from the USA and Taiwan."
The state investor of Singapore has confirmed the investment, according to Reuters, saying that investing in the South Korean companies fits well with Temasek's investment theme of supporting emerging champions.SSC is well-positioned to benefit from the industry's long-term growth potential as LEDs continue to gain traction as an energy efficient and eco-friendly lighting alternative," Peng-Huat Ang, a managing director of Temasek Holdings, said in an emailed statement, in reference to Seoul Semiconductor.South Korean brokerage Daishin Securities said Seoul Semiconductor and Seoul Optodevice would use the fresh money from Singapore's wealth fund for research and development as well as expanding production capacity.
Swoboda was one of four CEOs invited to participate in a panel discussion and question-and-answer session on energy efficiency and the creation of new jobs in clean technology that will help drive American energy independence. Senior Advisor to the President Valerie Jarrett, Assistant to the President for Energy and Climate Change Carol Browner and Department of Energy Assistant Secretary for Energy Efficiency and Renewable Energy Cathy Zoi were also featured speakers at the event.
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