Largan invests in Taiwan Applied Crystal Co., Ltd.

Following the successful technology transfer of 6-inch silicon carbide crystal related technology from National Sun Yat-sen University, Taiwan Applied Crystal (“TAC”) is pleased to announce that Largan Precision (“Largan”), a global leader in precision optical plastic lenses and a leading lens supplier of smartphones, has recently invested in TAC through Largan’s subsidiary Ba Fang International Investment. Not only Largan becomes the largest shareholder with over 70% ownership of TAC, but Mr. Huang Yeo-chih, the Chief Technology Officer of Largan, also serves as the Chairman of TAC. Largan has demonstrated its support for the promising future and prospects of TAC as well as the next-generation semiconductor industry through practical actions.