Taiwan's UAE's Yaya Technology LED testing equipment took off in 2012

After the patent litigation settlement with Shepherd Technology, Yaya Technology, a subsidiary of Taiwan’s UMC Group, decided to restart the counseling operation for the public offering of shares.

Yali’s chief operating officer, Chen Lijue, said that the company’s paid-up capital is 166 million Taiwan dollars. This year, it plans to handle cash capital increase, and with the agreement of Mude, the company has become a legal person shareholder of 5% of Yaya.

Yaya’s revenue in 2011 was NT$290 million, and the industry earned more than RMB20 million. However, due to the recognition of litigation settlement and other related expenses, Yaya’s profit last year will turn from profit to loss.

Chen Lijue pointed out that 2012 is the year when Yaya Technology will re-start, and it will be oriented towards development. The long-standing LED testing equipment in Asia and Asia has been delivered in December 2011, and it is expected to have a performance at the end of Q1 2012.

Yaya Technology is the world's largest manufacturer of printed circuit board (PCB) hole punchers. Its main customers include South Asia, Xinxing and Foxconn. Based on X-ray equipment, Yaya actively participates in the testing equipment market for thin film solar cells, 3D ICs and LEDs.

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