2014-08-21

China MOC: No Plans of Changing LED Tariffs

Taiwan and China’s LED markets have been affected by market rumors this morning of rising LED tariffs in China, with Chinese manufacturers in general reaping in profits, while neighboriing Taiwan manufacturers saw stock prices drop.The disruptive market rumor has proven to be false by a source from  China’s Ministry of Commerce (MOC), according to a report from Chinese financial media NetEase.
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2014-08-21

LED Manufacturers Deny Rising Tariffs in China

Earlier this morning, LED stocks on Taiwan’s bourse riveted from market rumors surrounding China’s Ministry of Commerce (MOC) plans of raising LED tariffs, but LED manufacturers have refuted receiving any related government notices.
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In recent years, the LED display industry has experienced rapid growth, driving fierce market competition. While domestic price wars have intensified, Kinglight has maintained steady progress by relying on its strong technological expertise an... READ MORE