Hot Picks of the Week Aug. 18-22-LEDinside

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2014-08-22

Hot Picks of the Week Aug. 18-22

Untrue market rumors claiming China’s Ministry of Commerce was planning to raise LED tariffs disrupted the stock market in both China and Taiwan yesterday. Sources from the ministry not only noted the rumor was false, but that the ministry was not responsible for implementing or deciding whether tariffs should be imposed. Where the market rumor came from? We don’t know. But Taiwanese manufacturers and investors have already taken a blow.

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