ProAsia Semiconductor Corporation announced that it expects to receive TWD 440 million in funding from Taiwan-Asia Semiconductor Corporation

Taiwan-Asia Semiconductor Corp, formerly known as Taiwan-Asia Semiconductor Corp is a Taiwan-based company principally engaged in the manufacture and distribution of optoelectronic semiconductor components and related products. The Company mainly provides light emitting diode (LED) components, including LED chips and infrared emitting diode chips; light detecting diode components, including light detecting diode chips, optoelectronic detecting semiconductor chips and high power electronic components, as well as system products, including LED information display screens, LED lighting systems and LED automobile lights. The Company also provides LED packaging components. The Company distributes its products in domestic market and to overseas markets, including Europe, the Americas, Southeast Asia, Northeast Asia and others.