India, Feb. 24 -- In an effort to optimize its organizational structure and accelerate its optical semiconductors business, Ennostar announced on February 21st, 2025, the merger of its subsidiaries-Epistar and Lextar Electronics-under the unified brand of Ennostar Corporation.

TrendForce reports that Ennostar, leveraging the integration of chip and packaging technologies, achieved a 2024 revenue of US$760 million, ranking fifth among global LED manufacturers with both chip and packaging capabilities. Moving forward, the company will continue expanding into high-value applications to meet growing market demands.

In response to intensifying competition in the LED optical semiconductors industry and the price wars in red ocean markets, Epi...