Lextar Electronics, a maker of LED epitaxy wafers and chips, is expected to hire 1,300 employees in the second half of 2010 for its operations in Taiwan and China, according to the company.
The reason for the hiring spree is to accommodate the company's rapid capacity build-up in the upcoming quarters. Its new plant in Chunan, Taiwan will go online in the fourth quarter of 2010 and another facility in Suzhou of China's Jiangsu Province will begin test production in the first quarter of 2011. Lextar plans to increase its number of MOCVD machines from 30 sets currently to 130 sets by the end of 2011.
Lextar will add 300 positions for various functions in marketing, research and development, human resources and finance, and 1,000 workers on its production lines.
Lextar exceeded NT$1 billion in monthly revenues for the first time in June 2010 at NT$1.03 billion US$32 million up 35% on month and 540% from a year ago. Second half revenues rose 969% to NT$3.69 billion.
