Genesis Photonics, a Taiwan-based company principally engaged in the research, development, manufacture and distribution of LED chips and wafers, has switched its focus on LED chips for lighting and targets to cut costs to less than US$3 per 1,000 lumens by 2015.
 
The cost reduction depends on developing LED chips with higher current density and reliability in a unit area, as well as decreasing costs of heat dissipation and driver ICs, the company said. Decreasing cost of heat dissipation will rely on improving LED packaging, the structure of LED chips, and heat-sink materials, Genesis indicated.
 
Genesis will focus marketing on lighting LED chips of over 0.2W in 2012, with China to be the major target market, the company noted.
 
With 65 MOCVD sets, Genesis has fully utilized its production capacity for blue LED chips and used 60-70% of the capacity for green chips, the company indicated. Genesis will expand its total monthly production capacity in Taiwan by 20% to 180,000 LED epitaxial wafers at the end of 2012. In addition, the company will complete its factory in Kunshan, eastern China, in the third quarter of 2012.
 
Currently, clients in Japan account for about 40% of total revenues, Genesis indicated.