Ennostar Inc. (TWSE: 3714) has announced the planned merger of its two core subsidiaries—EPISTAR and Lextar—into a single entity named Ennostar Corporation, in response to fast-evolving industry dynamics and intensifying market competition. The move aims to accelerate organizational integration and enhance overall operational efficiency. As part of this transition, EPISTAR will be officially renamed Ennostar Corporation on October 1, 2025. The full merger, including structural and organizational adjustments, is expected to be completed by January 1, 2026.
The establishment of Ennostar Corporation represents a major milestone in advancing the Dual-Strategy Approach, which focuses on two key dimensions: Field Value-Add and Solution Value-Add. This strategy centers on high-value applications in automotive, advanced displays, smart sensing, and optical interconnects for high-speed AI data transmission—collectively referred to as the company's “3+1” strategic focus. The goal is to strengthen market competitiveness and increase value creation for customers and shareholders.
Ennostar Corporation will carry forward the core spirit of “One Ennostar,” maintaining two operational pillars—component-driven and application-driven—while integrating shared functions such as supply chain and ESH (environment, safety, and health) to enhance resource efficiency. To further advance its Dual-Strategy Approach, the Company will establish a New Business Unit and an Advanced Research Center dedicated to next-generation technologies, including AI optical communications and robotics. These efforts aim to accelerate innovation and reinforce Ennostar’s position in emerging application markets.
In a board resolution approved today (July 8), Mr. Patrick Fan, current Chairman of Lextar, was appointed as Chairman of Ennostar Corporation, effective October 1, 2025. Following the official merger on January 1, 2026, Mr. Fan will also assume the role of President of Ennostar Corporation. Meanwhile, Dr. David Su, current Chief Strategy Officer of Ennostar Inc., will step down and transition into an advisory role, continuing to offer his expertise in driving and implementing the Group’s strategic initiatives.
Ennostar Corporation marks an important milestone in the group's journey toward high-value solutions. Moving forward, the company will pursue its vision of “Bright Innovation, Sustainable Future,” while continuing to implement the Dual-Strategy Approach to build a globally competitive integrated optoelectronics solution platform.