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Asahi Kasei Acquires Crystal IS
 

Tokyo, Jan 17, 2012 (JCN) - Asahi Kasei recently acquired all shares of Crystal IS Inc. (CIS), a US-based venture focused on the development of ultraviolet light emitting diodes (UV LEDs) using high-quality aluminum nitride (AlN) substrates, making it a wholly owned subsidiary. This acquisition facilitates the full combination of Asahi Kasei and CIS's technologies, marking Asahi Kasei's entry into the highly promising UV LED market, and providing a foundation for further development in the field of energy-conserving devices.

In July 2010, Asahi Kasei purchased a portion of the shares of CIS in line with its "For Tomorrow 2015" initiative, one of the key focuses of which is the development of new technology for the creation of new business with compound semiconductor devices that complement its established Hall elements, infrared sensors, and magnetic resistance elements. This started the joint development of process technologies to manufacture AlN substrates.

As CIS's technology was judged to be an excellent fit with Asahi Kasei's thin-film device technology, and as both companies shared a common vision for the development of the UV LED business, a decision was reached for the acquisition of CIS by Asahi Kasei.

Having CIS as a subsidiary will enable not only the early commercialization of technology to grow single-crystal AlN substrates, but also the early commercialization of UV LED devices, which are expected to meet growing demand. In addition, further developments will be explored for the application of AlN technology to other energy-conserving devices.

By Chris Lui Staff Writer

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