Lights out at Fairchild

Fairchild Semiconductor has sold its LED and LED display product lines to Everlight International Corporation.


Fairchild Semiconductor has sold its LED and LED display product lines to Everlight International Corporation, the US subsidiary of the Everlight Electronics Company of Taiwan, for an undisclosed sum.


As part of the sale agreement, Fairchild will directly support the sale of LED and LED display products to its customers for an appropriate period of time.


“Our sales force will work closely with our customers, channel partners and Everlight to handle orders and customer service requests until Everlight is ready to take over the day-to-day operation of these product sales, which we anticipate will be in Q1, 2006,” said Tom Beaver, executive vice president of Worldwide Sales and Marketing for Fairchild.


Fairchild will, however, retain both its optocoupler and infrared product lines.