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TrueLight Corporation completed a successful initial public offering.
03/24/2011
TrueLight Corporation (TSE:3234) completed a successful IPO with NT$23.1 per share. The company is a leading component manufacturer for the fiber optic communication industryˇFit provides wide range of products such as, VCSELs, FP-LD, DFB-LD, GaAs & InGaAs PINs and PINTIAs. TrueLight is a leading component supplier for short-reach LAN (Local Area Network), SAN (Storage Area Network), FTTH (Fiber To The Home), and gradually penetrating into mid-reach Access and MAN (Metro Area Network) markets. It is especially worth noting that we have been the major component supplier for the FTTH deployment in Japan for the past few years. It reached NT$1.3B revenue during the year of 2010.
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