The arbitration ruling has been issued in an equipment contract dispute between Taiwan-based LED equipment supplier FitTech and China’s leading LED manufacturer Sanan Optoelectronics. Under the decision by the China International Economic and Trade Arbitration Commission, Sanan subsidiaries Hubei Sanan Optoelectronics and Quanzhou Sanan Semiconductor Technology are required to pay equipment fees, interest, and compensation to FitTech. After deducting late delivery penalties and part of FitTech’s legal expenses, the total payable amount stands at about NT$1.49 billion (US$47.2 million).