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The Chinese central government’s policy of clamping down on local government subsidies in early December is expected to affect the LED industry subsidies too. LED industry insiders project the new policy will restore order to the overtly competitive Chinese LED market by edging out uncompetitive LED chip manufacturers. LEDinside has also released a series of reports this week that recap some of the major events and trends in the LED industry in 2014. For more please see below:
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