Huga Optotech Inc. (HUGA) is a leading manufacturer of light emitting diode (LED) semiconductor device dedicated to LED chips and wafer production. Founded in 1998, HUGA commercialized its research on GaN product and rolled out its first LED chip in 2000, the time the global LED industry was about to take off. From 2005 to 2007, HUGA has been experiencing a 10-fold growth after the management team has taken steps to restructure management and reengineer. As a result of such changes, HUGA has accomplished plenty in a variety of aspects:

Production-expanded monthly chip capacity from 50 million units to over 10 billion currently.
Customer-diversified client portfolio consisting mainly of direct accounts and world-class customers.
R&D-doubled brightness from 7mW to 19mW and broadened downstream applications.
Product-launched new products with roughness treatment and chip sizes of 24 mil and 40 mil.
IP-increased the number of registered or filed IP from 9 to over 180.
Product quality-granted the ISO 14001 and TS 16949 respectively for EU environmental compliance standard and car electronics.
Human resources-continued investment to migrate employee pool from entrepreneurial to well-seasoned, training the trainers, improving amenity in the working space, and re-modeling the motivation/rewarding system.

HUGA's corporate logo is comprised of four words. Each letter represents the ingredient of its corporate culture-Harmony, Unity, Glory, Achievement. HUGA's logo design is a combination of Chinese calligraphy and Western words to express the craftsmanship of its LED products. HUGA is aiming to provide a platform of harmonious working environment through pushing employees' limits. HUGA conducts its business not only by using integrity as the foundation, but also strives to provide the technology breakthrough that would leave a clean environment for our next generation so as to fairly share the benefits with its employees, customers, and shareholders.

Looking ahead, global warming and the energy crisis is emerging. Energy conservation through alternative or renewable sources is believed to be the future trend. Taiwan, as the No. 2 LED production country controlling 42% of the global share, is to play a very important role in global energy conservation. HUGA will put "Diligence" from the East and "Innovation" from the West together to upscale its technology competency with the mission to build HUGA as a LED company that provides high brightness products with the best performance in price or cost. HUGA's belief in quality assurance ensures that HUGA brings highly reliable products to its customers. HUGA's product reliability, ranking on top-two among its Taiwanese peers, is not only well-acclaimed by its customers, but also empirically proven by electrostatic discharge test. HUGA, positioning itself as the green-tech provider, is well prepared to welcome the era of LED for general lighting in every household. When that day comes, HUGA is believed to become a world-class company riding on the uptrend and driving the growth of the LED industry.

Facts about HUGA:
Company full name: Huga Optotech Inc.
Date of incorporation: May 8, 1998
Listing date:Sep 8, 2011
No. of employees: 1200 (as of Dec, 2011)
Paid-in capital: NT$1.75 billion
Key products: GaN chips and wafers
Production site and its footprint:
Taichung Industrial Park for fab 1 & 2: 4,297 square meters
Central Taiwan Science Park for fab 3: 16,700 square meters