Epistar Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) Board of Directors held simultaneous meetings to approve the sale of all shares of TMSC Solid State Lighting (TSMC SSL) to Epistar at NT$ 1.46 per share, with the total price amounts to NT$ 825 million. Epistar will control 94% of TSMC SSL holdings after this acquisition.
EnergyTrend, a research division of TrendForce, expects the overall PV market price in the first quarter of 2015 to remain constant until the end of the Chinese New Year. Afterwards, shipment demand will decrease and the price will drop. The beginning of holiday season in China meets the end of the holiday season in the US and Europe, and this means that there is a reduction of working hours in China happening at the same time with a return of purchase orders from the US and Europe.