Ennostar, established in 2021 as a joint venture between Epistar and Lextar, have decided to restructure and merge Epistar and Lextar into a single company called Ennostar. The merger will formally happen in October 2025.
Ennostar hope this will accelerate the company’s growth in the high-value-added optoelectronics market, which includes microLED displays, as the company wish to increase their product range beyond LED devices into high level systems and solutions.
Ennostar are the world’s № 5 LED producer by revenue—$760m in 2024, a growth of 9.3 per cent from 2023.
